729 Sheridan RdWinthrop Harbor, IL 60096

Property Details for 729 Sheridan Rd

Year built

1946

Construction

FRAME

Lot size

0.18 AC

Property size (Sq ft)

5,377 SF

Property type

Retail properties

Property subtype

Retail space

APN

04-10-110-004

APU

410110004

Description

This exceptional retail opportunity presents two available spaces, totaling approximately 500 to 1,000 square feet, within a well-maintained, two-story brick and block building at 729 Sheridan Road in Winthrop Harbor, Illinois. Located on the east side of Sheridan Road (Route 137), between 7th and 8th Streets, this property benefits from high visibility and convenient access. The building, constructed in 1946 and renovated in 2009, offers a total of 5,377 square feet and is zoned DT-2. Each unit features large windows providing excellent natural light and street frontage. The property is ideally situated to serve clients from both Illinois and Wisconsin, given its central location midway between Chicago and Milwaukee. The building is meticulously maintained and has undergone consistent updates throughout its history. This is a rare opportunity to secure a versatile retail space in a desirable location. The flexible layout allows for potential division of the space to suit individual business needs. Contact us today to learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,427,195

  6.5%

  $1,317,411

  7%

  $1,223,310

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,375,643

  Geo Method

  $1,764,893

• Alternative Use

  Use

  Valuation

  Residential

  $1,111,286

  Hospitality

  $1,017,932

  Educational

  $846,907

  Medical

  $876,034

  Retail

  $1,317,411

Location Insight

City

Winthrop Harbor

County

Lake

State

Illinois

Latitude

42.4813

Longitude

-87.8228

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.