742 Sheridan Rd

Highwood, IL 60040
  • $1,390,000

    Price
  • 6,400

    SqFt
  • 0.41

    Acre

About the Listing 6186 - 46209,139260

Excellent opportunity to acquire a 6,400-square-foot free-standing retail property in a highly visible North Shore location. This prominent commercial property offers exceptional Sheridan Road frontage, strong street exposure, ample on-site parking, and convenient access to the Metra train station, making it an attractive opportunity for both investors and owner-users. The property features five retail storefronts, providing multiple income-producing spaces and a diverse tenant mix with several long-term established businesses. The existing commercial occupancy offers an investor the opportunity to acquire a property with an established presence in the local business community. Zoned CX - Corridor Mixed Use, the property offers a flexible commercial setting within Highwood's established business corridor. The building provides approximately 157 feet of Sheridan Road frontage, excellent visibility, and 25 on-site parking spaces. Sheridan Road is a prominent North Shore thoroughfare providing daily 5,500 minimum vehicular exposure and convenient connectivity throughout Highwood, Lake Forest, Highland Park, and surrounding communities. Recent traffic studies in the area document strong traffic volumes along the Sheridan Road corridor, further enhancing the property's visibility and exposure. Located directly across from the Fort Sheridan development, the property benefits from a prime location surrounded by residential, commercial, dining, and recreational activity. Highwood is a vibrant and growing North Shore community known for its strong local business environment, popular restaurants and bars, festivals, community events, and ongoing residential and commercial development. The property's proximity to downtown Highwood, the Metra station, Fort Sheridan, and surrounding affluent North Shore communities further enhances its appeal. With prominent Sheridan Road frontage, established tenants, flexible CX zoning, possibility to add residential up, ample parking, and excellent visibility, this is an exceptional opportunity for an investor or owner-user seeking a well-located commercial property in Chicago's desirable northern suburbs.

Listing Highlights for 742 Sheridan Rd

Status Active
Days on Site 6
Property Type Commercial Sale
MLS ® 12771320
Year Built 2002
Total Square Footage 6,400
Lot/Acreage 0.41
County Lake

Interior Details

  • Appliances:
  • Air Cond: Central Individual
  • Heating: Forced Air
  • Fireplaces:
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Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 151X119
  • Zoning: RTAIL
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $24,620
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16104020380000
  • Tax Year: 2025

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742 Sheridan Rd Highwood, IL 60040

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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