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1400 Sheridan Rd 1.87 Acres of Commercial Land Offered at $169,000 in Winthrop Harbor, IL 60096
Investment Highlights
- Located near the Lake Michigan waterfront and marinas, enhancing local appeal.
- Includes multiple parcels, offering flexible development configurations for investors.
- Accessible position south of 10th Street with connectivity to regional thoroughfares.
- Approximately 200 feet of Sheridan Road frontage ensuring visibility for future businesses.
- Situated in a community that supports development through municipal incentives and programs.
- Zoned commercial, allowing for retail, mixed-use, or potential residential redevelopment options.
Executive Summary
An added advantage: the Building Engineer for the Village of Winthrop Harbor confirms the city is offering financial incentives to build on this site, creating an attractive proposition for investors and developers seeking cost savings and strong municipal support. The property comprises multiple parcels with combined tax amounts totaling $1,435.36. Individual parcel tax amounts include: PIN 04151000070000/$226.50, 04151000060000/$238.06, 04162020030000/$668.42, and 04162020040000/$302.38.
Strategically located just south of 10th Street, the site provides direct access to major traffic routes and is surrounded by established residential neighborhoods. Winthrop Harbor’s advantageous location near Lake Michigan, marinas, and recreational amenities enhances customer traffic potential and long-term growth opportunities.
This offering represents an exceptional development play with municipal incentives, solid accessibility, and zoning flexibility—perfect for investors ready to capitalize on future demand trends.
Property Facts
| Price | $169,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.87 AC |
| Zoning | B-1 - Retail Business District | ||
| Price | $169,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.87 AC |
| Zoning | B-1 - Retail Business District |
1 Lot Available
Lot
| Price | $169,000 | Lot Size | 1.87 AC |
| Price Per AC | $90,442.04 |
| Price | $169,000 |
| Price Per AC | $90,442.04 |
| Lot Size | 1.87 AC |
VERY MOTIVATED SELLER! Nearly 200 feet of frontage on the west side of Sheridan Road! Property is ready to be developed/Build Gorgeous Single Family Home. There are 3 additional pins to this property (04151000070000 plus 04151000060000, 0416202003000
Description
Vacant land located at 1400 Sheridan Road in Winthrop Harbor, Illinois, spanning approximately 1.91 acres with dimensions of 201 x 385 feet. The property is zoned commercial, with three parcels included under multiple PINs. It features frontage on Sheridan Road and concrete road surfaces, with no farm, lease, or structural improvements recorded. Winthrop Harbor municipal details indicate incentives for building on the site. The surrounding area includes residential neighborhoods, proximity to the Lake Michigan shoreline, and access via Sheridan Road south of 10th Street.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $15,204 | Total Assessment | $15,204 |
Property Taxes
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1400 Sheridan Rd
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