Listed by Millennium Properties R/E
Unpriced
742 Sheridan Rd., Highwood, IL - Retail Strip Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 6,400
NOI $98,270
Tenancy Multi
Lot Size (SqFt) 17,860
Zoning CX - Corridor Mixed Use
Retail | 6,400 SqFt
Marketing description
A 6,400 square foot free-standing retail property located in Highwood, IL is available for sale. This property is situated in desirable Lake County and is across from the Fort Sheridan Development Project. This property is comprised of five retail storefronts with many long-term tenants. Excellent frontage on Sheridan road, ample parking and close proximity to the MetraRail train station make this is great opportunity for an investor.
Highwood is a growing community in the northern suburbs of Chicago. The area has a strong business community, a vibrant restaurant/bar scene and hosts numerous festivals and celebrations throughout the year. Highwood has experienced a significant amount of both residential and commercial development.
Investment highlights
- 6,400 SF retail building -Five retail storefronts at the center with long-term tenants
- Attractive facade, high ceilings, with great exposure
- Ample parking in rear of building
- Excellent location in bustling busi-ness district across from Fort Sheridan
- Close to MetraRail train station, McDonalds & Walgreen's
- 157' of frontage on Sheridan Road
- Great opportunity for an investor Busy thoroughfare to Lake Forest and Highland park
- Land area: 17,860 SF
- Zoning: CX - Corridor Mixed Use
- Taxes (2023): $22,019.66
Listing Contacts
Listed by Millennium Properties R/E
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$98,270.22
$8,189.19/mo
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