Restaurants

Highwood, IL Restaurants for Sale

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Highland Park, IL Bannockburn, IL Deerfield, IL Lake Forest, IL Riverwoods, IL Lincolnshire, IL Northbrook, IL Wilmette, IL
Restaurant Space with Patio
Updated: Jan 29, 2025
Restaurant Space with Patio

524 Sheridan Rd, Highwood, IL 60040

Contact for pricing
1,980 sqft
1,980‑sf restaurant space with move‑in ready bar
Includes a 2,200‑sf outdoor patio
Option to easily add a hood if necessary
About a 5‑minute walk to the Highwood Metra Station
Near numerous Pace Bus stops
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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 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.

Freestanding Restaurant Building
Freestanding Restaurant Building

301 N. Milwaukee Avenue, Buffalo Grove, IL 60089

Contact for pricing
8,963 sqft 0.91 AC lot

Freestanding restaurant building with approximately 8,963 square feet, recently renovated and supported by extensive surface parking.

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High Traffic Restaurant with Gaming
High Traffic Restaurant with Gaming

241 S Milwaukee Avenue, Wheeling, IL 60090

Contact for pricing
12,000 sqft

Restaurant with gaming in high-traffic location for sale.

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Free-Standing Restaurant with Outdoor Seating
Free-Standing Restaurant with Outdoor Seating

260 S Milwaukee Avenue, Wheeling, IL 60090

$799,900
0.73 AC lot

Free-standing restaurant building on a large parcel with 30 parking spaces and indoor plus outdoor dining for 40-plus guests.

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Turnkey Mexican Restaurant
Turnkey Mexican Restaurant

799 Buffalo Grove Rd, Buffalo Grove, IL 60089

$188,000

Fully operational Mexican restaurant sold furnished and equipped, with liquor and gaming licenses renewed through 2025.

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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 With Seller Financing
Commercial Land With Seller Financing

502 Belvidere Road, Waukegan, IL 60085

$49,900
0.17 AC lot

Commercial land on a busy street with water available, sold as-is, and offered with seller financing availability.

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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.

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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.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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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
RESTAURANT

428 Grn Bay Rd, Highwood, IL 60040-1306

$365,000
Estimated value
6,076 sqft 0.22 AC lot
View details
444 Lakeview Ave
RESTAURANT

444 Lakeview Ave, Highwood, IL 60040-1418

$345,000
Estimated value
3,060 sqft 0.20 AC lot
View details
200 Grn Bay Rd
RESTAURANT

200 Grn Bay Rd, Highwood, IL 60040-1703

$455,000
Estimated value
8,794 sqft 0.24 AC lot
View details
950 Sheridan Rd
RESTAURANT

950 Sheridan Rd, Highwood, IL 60040-1004

$400,000
Estimated value
1,946 sqft 0.23 AC lot
View details
425 Sheridan Rd
RESTAURANT

425 Sheridan Rd, Highwood, IL 60040-1308

$700,000
Estimated value
26,068 sqft 0.16 AC lot
View details
324 Grn Bay Rd
BAR, TAVERN

324 Grn Bay Rd, Highwood, IL 60040-1305

$275,000
Estimated value
3,768 sqft 0.26 AC lot
View details
301 Waukegan Ave
RESTAURANT

301 Waukegan Ave, Highwood, IL 60040-1312

$575,000
Estimated value
7,632 sqft 0.05 AC lot
View details
530 Sheridan Rd
RESTAURANT

530 Sheridan Rd, Highwood, IL 60040-1311

$420,000
Estimated value
5,792 sqft 0.47 AC lot
View details
526 Sheridan Rd
RESTAURANT

526 Sheridan Rd, Highwood, IL 60040-1311

$300,000
Estimated value
2,530 sqft 0.08 AC lot
View details
122 Highwood Ave
RESTAURANT

122 Highwood Ave, Highwood, IL 60040-1547

$390,000
Estimated value
6,960 sqft 0.16 AC lot
View details
307 Waukegan Ave
RESTAURANT

307 Waukegan Ave, Highwood, IL 60040

$310,000
Estimated value
1,900 sqft 0.05 AC lot
View details
305 Waukegan Ave
RESTAURANT

305 Waukegan Ave, Highwood, IL 60040

$315,000
Estimated value
2,232 sqft 0.05 AC lot
View details
148 Grn Bay Rd
RESTAURANT

148 Grn Bay Rd, Highwood, IL 60040-1909

$240,000
Estimated value
1,161 sqft 0.24 AC lot
View details
894 Sheridan Rd
RESTAURANT

894 Sheridan Rd, Highwood, IL 60040-1003

$480,000
Estimated value
4,398 sqft 0.97 AC lot
View details

Highwood, IL Restaurants Market Trends and Statistics

Explore 15 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

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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