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1039 Sheridan Rd 10 Unit Apartment Building For Sale Winthrop Harbor, IL 60096
Investment Highlights
- Mix-Use with apartments, house, garages, land, retail
- Hard Corner on Sheridan Rd
- Village Approved for dispensary
- 100% Occupancy, Stable NOI
- 19,700 VPD
Executive Summary
Mix-use property with 9 apartments, 1 coach house, 4 garages, and 1 Restaurant available for sale. on 1 acre of land. Located on a hard corner at Sheridan Rd at 11th St in downtown Winthrop Harbor. Minutes from the WI border and North Point Marina. Property includes 0.4-acre retail pad ready for development, suitable for Retail, Medical, Office, and approved for CANNABIS.
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.
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.
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Property Facts
| Sale Type | Investment | Lot Size | 1.10 AC |
| No. Units | 10 | Building Size | 8,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2018 |
| Building Class | C | Parking Ratio | 4.75/1,000 SF |
| Zoning | R-3, Winthrop Harbor | ||
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2018 |
| Parking Ratio | 4.75/1,000 SF |
| Zoning | R-3, Winthrop Harbor |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 6 | - | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $216,000 | |
| Land Assessment | $56,012 | Total Assessment | $272,012 |
Property Taxes
Parcel Numbers
Land Assessment
$56,012
Improvements Assessment
$216,000
Total Assessment
$272,012
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1039 Sheridan Rd
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