$235,000
( $115.20Per Sq Foot )
$1,262 est/mo Sourced by Back At You1145 Sheridan Road , Winthrop Harbor, IL 60096
Winthrop Harbor, IL 60096
Description
2,040 SF Free Standing Brick Retail Building built in 1959 with 12+ parking spaces and Full Basement on Well Traveled Sheridan Rd in Winthrop Harbor. Two units: Unit 1 with 1,224 SF currently occupied by owner for operating insurance brokerage business and wishes to lease back from buyer for $1,600 a month plus gas and electricity until 2/28/2025. Unit 2 with 816 SF currently leased to hair salon operator for $900 a month plus gas and electricity. The .282 acre corner lot has ingress and egress from both Sheridan Road and 12th Street. B-1 Zoning permits a wide range of retail uses and the list can be found under "Additional Info". 9.2% CAP rate at full asking price.
Details
| MLS# | 12017921 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1959 |
| Days On Site | 292 |
| Listing Provided By | RE/MAX Showcase | John Steele |
Features
| SQ Feet | 2,040 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | RTAIL |
Market Activity 60096
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Winthrop Harbor |
| Zip Code | 60096 |
| Area | Winthrop Harbor |
| Listing VS Median (in 60096) | |
Price: $235,000 low | high Med: $282,875 SqFt: 2,040 low | high Med: 1,012 $ / SqFt: $115 low | high Med: $363 On Site: 292 low | high Med: 65.000000 | |
Listing Updated: January 8, 2025 at 4:38:10 PM PST