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Fort Sheridan Retail Center 742 Sheridan Rd 6,400 sq ft 100% Let Retail Property Highwood, IL 60040 For Sale 8.25% Net Initial Yield
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Standalone
Property Size
6,400 sq ft
Costar Property Class
B
Year Built
2001
Yield
8.25%
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.36
Total Plot Size
0.41 ac
Use Class
CX - Commercial Mixed Use
Parking
25 Spaces (4.12 Spaces per 1,000 sq ft Leased)
Frontage
157 ft on Sheridan Rd
Walk Score®
Easily Walkable (75)
Bike Score®
Good for cycling (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-10-402-038 | Improvements Assessment | £79,765 |
| Land Assessment | £136,155 | Total Assessment | £215,920 |
PROPERTY TAXES
Parcel Number
16-10-402-038
Land Assessment
£136,155
Improvements Assessment
£79,765
Total Assessment
£215,920
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Fort Sheridan Retail Center | 742 Sheridan Rd
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