Highwood, IL Retail Properties & Spaces for Sale

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Highland Park, IL Bannockburn, IL Deerfield, IL

$1,250,000

6,400 SF

Highwood Retail Property For Sale

742 Sheridan Road, Highwood, IL 60040

6,400 SF retail property in Highwood, Lake County.

6,400 sq ft free‑standing retail property in Highwood, IL
Located across from the Fort Sheridan Development Project in desirable Lake County
Comprised of five retail storefronts with long‑term tenants
Excellent frontage on Sheridan Road and ample parking
Close proximity to the MetraRail train station

Updated: Mar 11

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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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1,980 SF

Highwood Restaurant Space with Patio

Restaurant space with patio in vibrant Highwood location.

524 Sheridan Rd, Highwood, IL

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$1,250,000

16,400 SF

Two-Story Retail Building For Sale

Two-story retail building in Highwood entertainment corridor.

210 Green Bay Rd, Highwood, IL

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Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 4 Active listings in Highwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 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.

$3,150,000

Retail Building in Deerfield, Illinois

Retail building for sale, leased to a national tenant.

700 Deerfield Rd |, Deerfield, IL 60015

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Contact for pricing

428 SF

Jewel-Osco Anchored Shopping Center

Retail property in affluent North Shore community with value-add opportunities.

110 S Waukegan Rd |, Deerfield, IL 60015

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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

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$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

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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.

$89,900

Land in North Chicago, IL

Commercial land available for sale in North Chicago, Illinois.

1718 Martin Luther King Jr Drive, North Chicago, IL 60064

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$795,000

0.84 Acres

Commercial Land Near Abt Electronics

0.835 acre commercial land for sale on Milwaukee Road.

1223 Milwaukee Avenue, Glenview, IL 60025

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$999,500

Land Available Near I-94

Land for sale near I-94 and Belvidere Rd Exit.

601 Lakehurst Road, Waukegan, IL 60085

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$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

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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.

210 Green Bay Rd

Individual retail properties • 16,400 SF

Value Estimation by Request

210 Green Bay Rd, Highwood, IL 60040

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700 Sheridan Rd

RETAIL STORES (PERSONAL SERVICES) • 41,275 SF

Value Estimation

$5,175,000

700 Sheridan Rd, Highwood, IL 60040-1002

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RETAIL STORES (PERSONAL SERVICES) • 3,880 SF

Value Estimation by Request

311 Waukegan Ave, Highwood, IL 60040-1312

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1000 Sheridan Rd

SERVICE STATION WITH FOOD MART • 900 SF

Value Estimation

$2,010,000

1000 Sheridan Rd, Highwood, IL 60040-1005

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246 Grn Bay Rd

RETAIL STORES (PERSONAL SERVICES) • 49,226 SF

Value Estimation

$10,930,000

246 Grn Bay Rd, Highwood, IL 60040-1734

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870 Sheridan Rd

RETAIL STORES (PERSONAL SERVICES) • 7,320 SF

Value Estimation

$990,000

870 Sheridan Rd, Highwood, IL 60040-1003

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858 Sheridan Rd

RETAIL STORES (PERSONAL SERVICES) • 7,200 SF

Value Estimation

$725,000

858 Sheridan Rd, Highwood, IL 60040-1003

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RETAIL STORES (PERSONAL SERVICES) • 18,360 SF

Value Estimation

$910,000

501 Bank Ln, Highwood, IL 60040-1340

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Highwood, IL Retail Properties & Spaces Investment Opportunities Market Analysis

Explore 57 retail properties & spaces for sale in Highwood, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,800 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for stores in Highwood, IL start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — 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

Demographics Overview

Population 5,243

Population Growth (5Y) -2.3%

Median Household Income $101,862

College Educated 57.0%

High-Yield Neighborhoods for Strategic Investment

Identify Highwood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60040	$1.3M

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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Highwood, IL Retail Properties & Spaces for Sale

Highwood Retail Property For Sale

6,400 SF retail property in Highwood, Lake County.

Renovated Housing Facility with Retail

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

Highwood Restaurant Space with Patio

Two-Story Retail Building For Sale

Opportunities in Nearby Cities

Retail Building in Deerfield, Illinois

Jewel-Osco Anchored Shopping Center

Highland Park Mixed-Use Development Site

Mixed-Use Development Site Opportunity

Potential Development Sites for Consideration

Land in North Chicago, IL

Commercial Land Near Abt Electronics

Land Available Near I-94

Commercial Land in High-Traffic Area

Off-Market Properties in Highwood, IL

210 Green Bay Rd

700 Sheridan Rd

244 Waukegan Ave

448 Sheridan Rd

9 Highwood Ave

250 Waukegan Ave

440 Sheridan Rd

417 Sheridan Rd

311 Waukegan Ave

1000 Sheridan Rd

246 Grn Bay Rd

870 Sheridan Rd

858 Sheridan Rd

524 Sheridan Rd

109 Washington Ave

318 Grn Bay Rd

334 Grn Bay Rd

428 Grn Bay Rd

800 Sheridan Rd

501 Bank Ln

Highwood, IL Retail Properties & Spaces Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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