700 Sheridan Rd | Highwood, IL 60040
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- LoopNet Team
700 Sheridan Rd
Highwood, IL 60040
Health Care Property For Sale
·
208 Beds
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a fully renovated senior housing asset that is truly in perfect condition and turnkey with a brand new ALF/ILF license.
- Strong, stable, safe, and affluent submarket ideal for either senior housing or hospitality.
- Multiple redevelopment opportunities in senior housing or hospitality.
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 208 |
| Property Subtype | Congregate Senior Housing | No. Stories | 5 |
| Building Class | C | Year Built/Renovated | 1971/2019 |
| Lot Size | 1.67 AC | Parking Ratio | 0.93/1,000 SF |
| Building Size | 91,500 SF | ||
| Zoning | PUD | ||
| Property Type | Health Care |
| Property Subtype | Congregate Senior Housing |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 91,500 SF |
| No. Beds | 208 |
| No. Stories | 5 |
| Year Built/Renovated | 1971/2019 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | PUD |
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| Studios | 196 |
| 1 Bedroom Suites | 12 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,426,175 | |
| Land Assessment | $1,240,225 | Total Assessment | $2,666,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,240,225
Improvements Assessment
$1,426,175
Total Assessment
$2,666,400
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