742 Sheridan Road Highwood, IL $ 1,250,000
742 Sheridan Road
$ 1,250,000
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742 Sheridan Road

Highwood, IL, 60040
$ 1,250,000
Bedrooms-- Baths-- Sq 6,400

Monthly Estimate*

$ 7,696

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Commercial Property for sale in Highwood, IL

for $1,250,000. This 6,400 square foot building was built in 2002 on a lot size of 0.410009.

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 fie 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.

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Commercial Pending

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 22,019

Style

Retail

Lot Size

0.410009

Year Built

2002

Town/City

Highwood

County/Region

Lake

MLS | Web ID

12136582

Features
General
Cooling Central Individual
Zoning RTAIL
Year Built 2002
Electric Service - 101 to 200 Amps
Stories Count 1
Township Moraine
Tax Year 2023
Business Type Retail
County Lake
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Pending
Directions On the West side of Sheridan Rd between Old Elm and Half Day Road. Just south of Ft. Sheridan entrance
City Highwood
MLS Area Highwood
Lot Size Square Feet 17860
Tax Annual Amount 22019
Additional Parcels Y/N N
Leasable Area 0
Standard Status Pending
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Exterior
Building Area Total 6400
Lot Dimensions 151X119
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* Excluded Features
List By
Millennium Properties Re, Inc.

Broker

dhyman@mpirealestate.com

Email

Affordability Calculator

$9,531
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$1,835
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2025$1,250,000 -13.79% Price Down
8/12/2024$1,450,000 Listed Price

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742 Sheridan Road, Highwood, IL, 60040 is a Commercial Property for sale at $1,250,000 with 6,400 sqft and a lot size of 0.410009. 742 Sheridan Road was built in 2002. The property's zip code is 60040 which is in Highwood, IL