Multi-family Mix-Use For Sale Winthrop Harbor
True Mixed-Use Stabilized Property For Sale
Marketing description
Mix-use property with 9 apartments, 1 coach house, 4 garages, and 1 Restaurant available for sale. on 1 acre of land. Located on a hard corner at Sheridan Rd at 11th St in downtown Winthrop Harbor. Minutes from the WI border and North Point Marina. Property includes 0.4-acre retail pad ready for development, suitable for Retail, Medical, Office, and approved for CANNABIS.
Winthrop Harbor, Zion, and Beach Park area is a suburb of Chicago with a population of 77,945 and home to the largest freshwater marina in the United States., North Point Marina. The market is in Lake County. Living in this market offers residents a sparse suburban feel and most residents own their homes. There are a lot of parks. Many families and young professionals live here and residents tend to have liberal/moderate political views. Schools in the area tend to be above average.
Investment highlights
- Mix-Use with apartments, house, garages, land, retail
- 100% Occupancy
- Stable NOI
- Hard Corner on Sheridan Rd
- 75 Parks
- 19,700 VPD
- 2,000-4,000sf available for lease or sale.
- 1.4 miles from North Point Marina
- (Largest freshwater marina in the U.S.)
- Retail Pad: Suitable for retail, office, medical, and food use
- Village Approved for dispensary
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