1145 Sheridan Road, Winthrop Harbor, IL 60096

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CommercialFor Sale

$235,000

1145 Sheridan Road

Winthrop Harbor, IL 60096

Courtesy of Re/max Showcase

Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID

2,040Sq Ft

Est. Mortgage

$1,313/mo

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.

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