Mix-Use 1039 Sheridan Road

1039-1043 Sheridan Rd Winthrop Harbor, IL 60096

1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096
1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,700,000
Last Verified:
Aug 16, 2024

Daily Email Blast
0 times


Highlights

  • Mix-Use with apartments retail.
  • 100% Occupancy
  • Stable NOI
  • Hard Corner on Sheridan Rd
  • Village Approved for the sale of cannabis
  • 75 Parks
  • 19,700 VPD
  • 2,000-4,000sf available for lease or sale.
  • 1.4 miles from North Point Marina
  • -Largest freshwater marina in the U.S.
  • Suitable for retail, office, medical, and food use

Description

Hard corner located on Sheridan Rd at 11th St in downtown Winthrop Harbor. Minutes from the WI border and North Point Marina. Mix-use property with two buildings with 9 apartments and one 2,000sf retail space with 2,000sf basement available for sale. Retail currently occupied with restaurant/bar with gaming income. Could be suitable for Retail, Medical, Office, and approved for CANNABIS. Suitable for investment or owner-operator.

Winthrop Harbor, Zion, and Beach Park area is a suburb of Chicago with a population of 77,945 and home to the largest freshwater marina in the United States., North Point Marina. The market is in Lake County. Living in this market offers residents a sparse suburban feel and most residents own their homes. There are a lot of parks. Many families and young professionals live here and residents tend to have liberal/moderate political views. Schools in the area tend to be above average.

Building Size: 8000sq ft
Lot Size: 1.1 acres


Documents

Sale Brochure

Map of 1039-1043 Sheridan Rd, Winthrop Harbor, IL, 60096

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.