1707 7th St
Winthrop Harbor, IL 60096
Retail Center Anchored by West Marine · Retail Property For Sale

Beau Beach, CCIM presents: $200,000 price drop to ensure a timely sale! One owner property. This strip center was developed in 1986 by the seller whose pharmacy occupied one of the suites. Due to health issues, the seller is now ready to sell. The buyer will appreciate the existing cash flow but will be most interested in the value-add opportunities that exist. Simply fill the two remaining suites and add substantial value. The property is anchored by West Marine. There are a total of five suites. Two vacant suites totaling 4,000 SF are available for new tenants. Video of the vacant suites is available by request. Well maintained with attractive nautical-themed monument signage. You’ll notice the property’s beautiful landscaping and upgraded street lights. The property has never been professionally managed or leased. There is substantial upside for a professional investor. Located at the corner of “main and main” in charming Winthrop Harbor, the property is effectively positioned at the entrance to North Point Marina. Also, just 3 blocks to the Metra Station. Priced to sell. Don’t miss this opportunity. Financial Snapshot available by request. Get the full Property Information Package below. LOCATION DESCRIPTION: Winthrop Harbor is a village in Lake County, Illinois. The population was 6,742 at the 2010 census. It’s located along the northern border of Illinois and is part of the Chicago metropolitan area. Winthrop Harbor is known for its North Point Marina. With moorage for over 1,500 boats, it’s the largest marina on the Great Lakes. Nearly one million visitors take advantage of the marina each year. Located on the main thoroughfare through Winthrop Harbor, the site enjoys traffic counts exceeding 11,000 vehicles per day.