870 Sheridan Road $1,249,000

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    870 Sheridan Road Highwood, IL 60040

    Contingent
    Request Info
    • Commercial
    • MLS# 10265173
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    Views: 35 Days On Site: 719

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    Property Details

    GREAT FREESTANDING MASONRY COMMERCIAL RETAIL BUILDING, B-1 ZONING, 4 BRIGHT RETAIL SPACES, 3 TENANTS, BUILDING IS 7440 SQ FEET, LOT IS 28,779 SQ FT, OUTSTANDING FRONTAGE AND VISIBILITY ON SHERIDAN ROAD, 150 SQ FT OF FRONTAGE ALONG SHERIDAN, 11,100 CARS PASS THIS LOCATION A DAY, GREAT SIGNAGE, LARGE VERY BRIGHT WINDOW LINE, LARGE REAR DRIVE IN DOOR (DID) ON THE DOUBLE UNIT JUST SOUTH OF THE BUSY INTERSECTION OF OLD ELM AND SHERIDAN, 200 AMP ELECTRIC SYSTEM, LARGE PAVED PARKING LOT IN FRONT FOR 25 CARS, PAVED SIDE & REAR DRIVE, RIGHT NEXT TO AND JUST TO THE SOUTH OF A MCDONALDS AND STARBUCKS AND THE FT SHERIDAN TRAIN STATION, RIGHT ACROSS THE STREET FROM FT SHERIDAN, COMES WITH AN ADDITIONAL L SHAPED 20 X 200 PIECE OF LAND TO USE AS STORAGE, CAN BE USED FOR A RESTAURANT, FAST FOOD, COFFEE, RETAIL, OFFICE, LAUNDRY, GYM, PHYSICAL FITNESS/REHAB, MEDICAL, DENTAL, INSURANCE, REAL ESTATE, LAWYER, DAY CARE, OR SOME OTHER PROFESSIONAL USE OR YOU CAN REDEVELOP, OWNERSHIP IS WILLING TO DISCUSS A MASTER LEASE FOR THE VACANCIES, PINS 16103050120000 - 1610305019000

    • General Features
      • Additional Parcels Y/N Yes
      • Area Highwood
      • County Or Parish Lake
      • Current Use Commercial
      • Gross Income 80000
      • Gross Scheduled Income 80000
      • Leasable Area 0
      • Net Operating Income 44000
      • Number Of Units Total 4
      • Operating Expense 0
      • Possible Use Commercial,Retail,Single Room Occupancy
      • Tax Annual Amount 17478
      • Tax Year 2019
      • Tenant Pays Varies by Tenant
      • Township Moraine
      • Year Built 1995
      • Zoning RTAIL
    • Building Features
      • Building Area Total 7440
      • Construction Materials Brick,Concrete
      • Cooling Central Air
      • Electric Circuit Breakers, 201-600 Amps
      • Flooring Carpet,Concrete,Tile,Varies
      • Foundation Details Concrete Perimeter
      • Roof Fiberglass,Membrane
      • Stories 1
      • Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Community,Water-Municipal,Water to Site
    • Property Features
      • Frontage Type City Street, County Road, Public Road, State Road, Township Road
      • Lot Size Dimensions 150 X 146
      • Lot Size Square Feet 28779
      • Parcel Number 16103050120000
      • Parking Total 25

    Contact

    Lisa Grimes

    Lisa Grimes

    Broker

    Gagliardo Realty

    Cell: 708-205-9518

    Neighborhood

    60040 (Highwood) Demographics

    35 Median Age
    7,638 Population Density (per sq. mile)
    40% College Educated
    $54,189 Estimated Median Income
    831 Estimated Total Home Owners
    1,176 Estimated Total Renters
    41% / 59% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    5,377 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $410,000 Median Sales Price
    1 Homes Sold
    1 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,249,000
        12/11/2020 9:02:48 AM Status Changed Source New Value: Contingent
        2/6/2019 12:08:00 PM New in Database Source New Value: $1,249,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.