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    FOR LEASE
    Office buildings

    1866 Sheridan Rd, Highland Park, IL 60035

    30,623 SF 0.22 ac lot Built 1927
    Entity Owned 27-yr Hold Free & Clear
    Property ID
    US28-1667255
    1866 Sheridan Rd, Highland Park, IL 60035 For Lease
    $21 SF/Yr 2,000 SF available
    1866 Sheridan Rd, Highland Park, IL 60035
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    Property summary
    AI-generated overview

    This exceptional mixed-use property, the North Shore Building, is situated at 1866 Sheridan Road in downtown Highland Park, Illinois, at the corner of Sheridan Road and Central Avenue. The building offers a total of 20,000 square feet of space, encompassing executive, traditional, creative, and medical office suites. Tenants can choose from various sizes, ranging from 243 to 1,492 square feet, with a total of 10 spaces currently available. The building sits on a 0.22-acre lot in Lake County (zip code 60035). The property features two full floors of office space above ground-floor retail spaces. This location benefits from its proximity to the downtown area, which boasts over 100 retailers, numerous award-winning restaurants, and a high employment rate. Highland Park's vibrant downtown has earned recognition as one of the best downtowns on the North Shore and consistently ranks among the top cities to live and work in Illinois. The building's convenient location is east of the train station, offering easy access to public transportation. This architectural gem presents a unique opportunity for businesses seeking a prestigious address in a thriving community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1927
    Construction BRICK
    Total area 30,623 SF
    Lot 0.22 ac (9,579 SF)
    APN 16-23-408-007
    UPID US28-1667255
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wurster Partners Ltd. Business Management Consultant
    • Hamilton S a DDS Dental Office
    • Lincoln Center-Clinical Services Physician Medical Clinic
    • Wellbound Counseling | Tony Iacubino, MA, LCPC Counselor
    • Rosen Orthodontics Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.32M
    Blend (final) Blend
    $1.48M
    Owner & transaction history
    Klairmont Familky LLC · 27 yrs held
    Klairmont Familky LLC
    since 1999
    2 recorded transactions
    1999
    1998
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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