Highwood, IL
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    Highwood, IL Restaurants for Sale

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    Highland Park, IL Bannockburn, IL Deerfield, IL
    Renovated Housing Facility with Retail
    Contact for pricing

    Renovated Housing Facility with Retail

    700 Sheridan Rd, Highwood, IL 60040

    Five-story building with 105 units and retail space in Highwood.

    • 105 total units: 95 studio units and 10 one‑bedroom units.
    • Recently renovated interior and exterior.
    • Includes a 2,100± SF commercial kitchen.
    • Features a 20,000± SF retail space suitable for grocery operations, restaurants, and similar uses.
    • Located in Chicago’s North Shore suburbs, between Lake Forest & Highland Park.
    Updated: Jan 27
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    Highwood Restaurant Space with Patio
    Contact for pricing
    1,980 SF

    Highwood Restaurant Space with Patio

    524 Sheridan Rd, Highwood, IL

    Restaurant space with patio in vibrant Highwood location.

    • Move‑in ready bar, perfect for immediate operation.
    • Enjoy the 2,200‑sf patio, ideal for outdoor seating.
    • Located in Highwood's vibrant night scene, offering great exposure.
    • 1,980‑sf restaurant space.
    • Option to easily add a hood, providing flexibility for your menu.
    Updated: Jan 29, 2025
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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 Active listings in Highwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant Business For Sale
    $195,000

    Turnkey Restaurant Business For Sale

    Well-established Northbrook restaurant with banquet halls and fully equipped kitchen.

    500 Anthony Trail, Northbrook, IL 60062
    View details
    Established Korean Restaurant in Northbrook
    $150,000

    Established Korean Restaurant in Northbrook

    Thriving Korean restaurant in Northbrook's dining district for sale.

    3534 N Milwaukee Avenue, Northbrook, IL 60062
    View details
    Highland Park Mixed-Use Development Site
    $1,600,000
    0.83 Acres

    Highland Park Mixed-Use Development Site

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details
    Mixed-Use Development Site Opportunity
    $1,600,000
    0.84 Acres

    Mixed-Use Development Site Opportunity

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in High-Traffic Area
    $49,900
    0.17 Acres

    Commercial Land in High-Traffic Area

    Commercial land with high visibility and seller financing options.

    502 Belvidere Road, Waukegan, IL 60085
    View details
    Waukegan Land Development Opportunity
    $559,000
    1.49 Acres

    Waukegan Land Development Opportunity

    Prime vacant land for commercial development in Waukegan, Illinois.

    1213 Grand Avenue, Waukegan, IL 60085
    View details
    Palatine Land For Sale
    $514,000
    3.20 Acres

    Palatine Land For Sale

    3.2 acre commercial land available in Palatine, Illinois.

    20638 Lake Cook Road, Palatine, IL 60074
    View details
    Waukegan Land For Sale
    $152,900
    1.41 Acres

    Waukegan Land For Sale

    1.41 acre corner lot ready for development in Waukegan.

    1730 W Beach Road, Waukegan, IL 60087
    View details

    Off-Market Properties in Highwood, IL

    Consider similar Off-Market properties in Highwood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    428 Grn Bay Rd

    428 Grn Bay Rd

    RESTAURANT • 6,076 SF
    Value Estimation
    $565,000
    428 Grn Bay Rd, Highwood, IL 60040-1306
    View details
    444 Lakeview Ave

    444 Lakeview Ave

    RESTAURANT • 3,060 SF
    Value Estimation by Request
    444 Lakeview Ave, Highwood, IL 60040-1418
    View details
    200 Grn Bay Rd

    200 Grn Bay Rd

    RESTAURANT • 8,794 SF
    Value Estimation
    $990,000
    200 Grn Bay Rd, Highwood, IL 60040-1703
    View details
    950 Sheridan Rd

    950 Sheridan Rd

    RESTAURANT • 1,946 SF
    Value Estimation by Request
    950 Sheridan Rd, Highwood, IL 60040-1004
    View details
    425 Sheridan Rd

    425 Sheridan Rd

    RESTAURANT • 26,068 SF
    Value Estimation
    $1,995,000
    425 Sheridan Rd, Highwood, IL 60040-1308
    View details
    324 Grn Bay Rd

    324 Grn Bay Rd

    BAR, TAVERN • 3,768 SF
    Value Estimation
    $530,000
    324 Grn Bay Rd, Highwood, IL 60040-1305
    View details
    301 Waukegan Ave

    301 Waukegan Ave

    RESTAURANT • 7,632 SF
    Value Estimation
    $575,000
    301 Waukegan Ave, Highwood, IL 60040-1312
    View details
    530 Sheridan Rd

    530 Sheridan Rd

    RESTAURANT • 5,792 SF
    Value Estimation
    $775,000
    530 Sheridan Rd, Highwood, IL 60040-1311
    View details
    526 Sheridan Rd

    526 Sheridan Rd

    RESTAURANT • 2,530 SF
    Value Estimation by Request
    526 Sheridan Rd, Highwood, IL 60040-1311
    View details
    122 Highwood Ave

    122 Highwood Ave

    RESTAURANT • 6,960 SF
    Value Estimation
    $515,000
    122 Highwood Ave, Highwood, IL 60040-1547
    View details
    307 Waukegan Ave

    307 Waukegan Ave

    RESTAURANT • 1,900 SF
    Value Estimation by Request
    307 Waukegan Ave, Highwood, IL 60040
    View details
    305 Waukegan Ave

    305 Waukegan Ave

    RESTAURANT • 2,232 SF
    Value Estimation by Request
    305 Waukegan Ave, Highwood, IL 60040
    View details
    148 Grn Bay Rd

    148 Grn Bay Rd

    RESTAURANT • 1,161 SF
    Value Estimation by Request
    148 Grn Bay Rd, Highwood, IL 60040-1909
    View details
    894 Sheridan Rd

    894 Sheridan Rd

    RESTAURANT • 4,398 SF
    Value Estimation
    $600,000
    894 Sheridan Rd, Highwood, IL 60040-1003
    View details

    Highwood, IL Restaurants Investment Opportunities Market Analysis

    Explore 16 restaurants for sale in Highwood, IL on our real estate platform. These investment opportunities span a total of 1,980 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for restaurant properties in Highwood, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Bars & Pubs 1

    Demographics Overview

    Population 5,243
    Population Growth (5Y) -2.3%
    Median Household Income $101,862
    College Educated 57.0%

    Taxes & Financing

    Tax Rate (average for all types) 6.35%
    Property Tax per SF $24.60 per sq ft
    Average Loan-to-Value 65.0%

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