O'Neil Property Group

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$1,390,000
12 Days On Site

742 Sheridan Road
Highwood, IL 60040

For Sale|Retail|Active
0
Beds
0
Total Baths
6,400
SqFt
$217
/SqFt
2002
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate
742 Sheridan Road742 Sheridan Road742 Sheridan Road742 Sheridan Road
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Excellent opportunity to acquire a 6,400-square-foot free-standing retail property in a highly visible North Shore location. This prominent commercial property offers exceptional Sheridan Road frontage, strong street exposure, ample on-site parking, and convenient access to the Metra train station, making it an attractive opportunity for both investors and owner-users. The property features five retail storefronts, providing multiple income-producing spaces and a diverse tenant mix with several long-term established businesses. The existing commercial occupancy offers an investor the opportunity to acquire a property with an established presence in the local business community. Zoned CX - Corridor Mixed Use, the property offers a flexible commercial setting within Highwood's established business corridor. The building provides approximately 157 feet of Sheridan Road frontage, excellent visibility, and 25 on-site parking spaces. Sheridan Road is a prominent North Shore thoroughfare providing daily 5,500 minimum vehicular exposure and convenient connectivity throughout Highwood, Lake Forest, Highland Park, and surrounding communities. Recent traffic studies in the area document strong traffic volumes along the Sheridan Road corridor, further enhancing the property's visibility and exposure. Located directly across from the Fort Sheridan development, the property benefits from a prime location surrounded by residential, commercial, dining, and recreational activity. Highwood is a vibrant and growing North Shore community known for its strong local business environment, popular restaurants and bars, festivals, community events, and ongoing residential and commercial development. The property's proximity to downtown Highwood, the Metra station, Fort Sheridan, and surrounding affluent North Shore communities further enhances its appeal. With prominent Sheridan Road frontage, established tenants, flexible CX zoning, possibility to add residential up, ample parking, and excellent visibility, this is an exceptional opportunity for an investor or owner-user seeking a well-located commercial property in Chicago's desirable northern suburbs.

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Listing Snapshot
PriceΒ 
$1,390,000
Days On SiteΒ 
12 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
6,400 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
2002
MLS NumberΒ 
12771320
StatusΒ 
Active
Property TaxΒ 
$24,620
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Property Sub TypeΒ 
Retail
SqFt TotalΒ 
6400
ZoningΒ 
RTAIL
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Community Features
MLS AreaΒ 
Highwood
TownshipΒ 
Moraine
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate



Based on information submitted to the MLS GRID as of 2026-10-21 01:03 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-21 01:03 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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