200-210 Green Bay Rd, Highwood, IL 60040
For Sale
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This exceptional two-story retail building, located at 210 Green Bay Road in Highwood, Illinois, presents a unique investment opportunity. Boasting 16,400 square feet of space, this vacant storefront is priced at $1,200,000, or $85.37 per square foot. Originally constructed in 1949 and extensively renovated in 2017, the property sits on a 0.52-acre lot and offers convenient off-street parking for 15 vehicles in a dedicated rear parking area. Its prime location within Highwood's vibrant entertainment corridor offers excellent visibility and accessibility. The building benefits from its proximity to the Highwood Metra Station, providing easy access to public transportation, and is just 1.5 miles north of downtown Highland Park. This property is ideal for a variety of retail uses and presents a compelling opportunity for investors seeking a well-maintained, strategically located commercial space in a thriving community. The property is currently vacant and ready for immediate occupancy. The sale is being handled directly by the owner. The zip code is 60040, and the property is located in Lake County.
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ATM Atm
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Steve Goldstein - Commercial Real Estate Broker Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.