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Highwood, IL

Restaurants

Highwood, IL Restaurants for Sale

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Highland Park, IL Bannockburn, IL Deerfield, IL

Renovated Housing Facility with Retail

Updated: Jan 27

Renovated Housing Facility with Retail

700 Sheridan Rd, Highwood, IL 60040

Contact for pricing

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.

Highwood Restaurant Space with Patio

Updated: Jan 29, 2025

Highwood Restaurant Space with Patio

524 Sheridan Rd, Highwood, IL

Contact for pricing

1,980 sqft · 0.15 AC lot

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.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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

Turnkey Restaurant Business For Sale

500 Anthony Trail, Northbrook, IL 60062

$195,000

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

Fully Equipped Restaurant on Milwaukee Avenue

Fully Equipped Restaurant on Milwaukee Avenue

1121 Milwaukee Avenue, Deerfield, IL 60015

$300,000

Turn-key Korean BBQ restaurant with high visibility and accessibility.

Established Korean Restaurant in Northbrook

Established Korean Restaurant in Northbrook

3534 N Milwaukee Avenue, Northbrook, IL 60062

$150,000

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

Restaurant Building Near Metra Station

Restaurant Building Near Metra Station

663 Lake Cook Rd, Deerfield, IL

Contact for pricing

4,586 sqft · 0.62 AC lot

4,586 SF restaurant building with drive-thru near Metra station.

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

Commercial Land in High-Traffic Area

502 Belvidere Road, Waukegan, IL 60085

$49,900

0.17 AC lot

Commercial land with high visibility and seller financing options.

Mundelein, IL Commercial Land

Mundelein, IL Commercial Land

331 Plaza Circle lot: 4, Mundelein, IL 60060

$286,000

0.43 AC lot

Commercial land available in Mundelein, Illinois.

Waukegan Land Development Opportunity

Waukegan Land Development Opportunity

1213 Grand Avenue, Waukegan, IL 60085

$559,000

1.49 AC lot

Prime vacant land for commercial development in Waukegan, Illinois.

Palatine Land For Sale

Palatine Land For Sale

20638 Lake Cook Road, Palatine, IL 60074

$512,000

3.20 AC lot

3.2 acre commercial land available in Palatine, Illinois.

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.

RESTAURANT

428 Grn Bay Rd, Highwood, IL 60040-1306

$565,000

Estimated value

6,076 sqft · 0.22 AC lot

444 Lakeview Ave

RESTAURANT

444 Lakeview Ave, Highwood, IL 60040-1418

Value Estimation by Request

3,060 sqft · 0.20 AC lot

RESTAURANT

200 Grn Bay Rd, Highwood, IL 60040-1703

$990,000

Estimated value

8,794 sqft · 0.24 AC lot

950 Sheridan Rd

RESTAURANT

950 Sheridan Rd, Highwood, IL 60040-1004

Value Estimation by Request

1,946 sqft · 0.23 AC lot

425 Sheridan Rd

RESTAURANT

425 Sheridan Rd, Highwood, IL 60040-1308

$1,995,000

Estimated value

26,068 sqft · 0.16 AC lot

BAR, TAVERN

324 Grn Bay Rd, Highwood, IL 60040-1305

$530,000

Estimated value

3,768 sqft · 0.26 AC lot

301 Waukegan Ave

RESTAURANT

301 Waukegan Ave, Highwood, IL 60040-1312

$575,000

Estimated value

7,632 sqft · 0.05 AC lot

530 Sheridan Rd

RESTAURANT

530 Sheridan Rd, Highwood, IL 60040-1311

$775,000

Estimated value

5,792 sqft · 0.47 AC lot

526 Sheridan Rd

RESTAURANT

526 Sheridan Rd, Highwood, IL 60040-1311

Value Estimation by Request

2,530 sqft · 0.08 AC lot

122 Highwood Ave

RESTAURANT

122 Highwood Ave, Highwood, IL 60040-1547

$515,000

Estimated value

6,960 sqft · 0.16 AC lot

307 Waukegan Ave

RESTAURANT

307 Waukegan Ave, Highwood, IL 60040

Value Estimation by Request

1,900 sqft · 0.05 AC lot

305 Waukegan Ave

RESTAURANT

305 Waukegan Ave, Highwood, IL 60040

Value Estimation by Request

2,232 sqft · 0.05 AC lot

RESTAURANT

148 Grn Bay Rd, Highwood, IL 60040-1909

Value Estimation by Request

1,161 sqft · 0.24 AC lot

894 Sheridan Rd

RESTAURANT

894 Sheridan Rd, Highwood, IL 60040-1003

$600,000

Estimated value

4,398 sqft · 0.97 AC lot

Highwood, IL Restaurants Market Trends and Statistics

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

Commercial property segments ranked by active listings on the market

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 SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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