1145 Sheridan RD Active Save Request In-Person Tour Request Virtual Tour
Winthrop Harbor,IL 60096
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $115
MLS Listing ID 12017921
Year Built 1959
Annual Tax Amount $6,294
Tax Year 2022
Lot Dimensions 100X126
Property 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.
Location
State IL
County Lake
Area Winthrop Harbor
Zoning RTAIL
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 1
Structure Type Brick