Winthrop Harbor, IL 60096 1145 Sheridan Road
$235,000
7 more
Presented By: RE/MAX Showcase
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 2,040
Home Details
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.
Presented By: RE/MAX Showcase
Interior Features for 1145 Sheridan Road
Other Interior Features
Street SuffixRoad
General for 1145 Sheridan Road
Additional Parcels Y/NNo
CityWinthrop Harbor
Construction MaterialsBrick
CoolingCentral Individual
CountyLake
Days on Market6
DirectionsNE corner of Sheridan Rd & 12th St
ElectricCircuit Breakers, Separate Meters
Gross Income30000
Insurance Expense1712
Leasable Area2040
Lot Size Square Feet12286
MLS AreaWinthrop Harbor
Net Operating Income30000
NumberOfUnitsTotal2
Operating Expense8266
PossessionLease Back Required, Tenant's Rights
Property SubTypeFree Standing Store
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount6294
Tax Year2022
Tenant PaysElectricity, Heat
TownshipBenton
Water Sewer Expense260
Year Built1959
ZoningRTAIL
Exterior for 1145 Sheridan Road
Building Area Total2040
Lot Dimensions100X126
Additional Details
Price History
