A 6,400 square foot free-standing retail property located in Highwood, IL is available for sale. This property is situated in desirable Lake County and is across from the Fort Sheridan Development Project. This property is comprised of fie retail storefronts with many long-term tenants. Excellent frontage on Sheridan road, ample parking and close proximity to the MetraRail train station make this is great opportunity for an investor. Highwood is a growing community in the northern suburbs of Chicago. The area has a strong business community, a vibrant restaurant/bar scene and hosts numerous festivals and celebrations throughout the year. Highwood has experienced a significant amount of both residential and commercial development.
The median home value in Highwood, IL is $525,000. This is higher than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in Highwood, IL is $525,000. Approximately 43.1% of Highwood homes are owned, compared to 52.49% rented, while 4.41% are vacant. Highwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Highwood real estate agent to arrange a tour today!
Highwood, Illinois has a population of 5,204. Highwood is more family-centric than the surrounding county with 38.11% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Highwood, Illinois is $88,913. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Highwood is 36.1 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 36.3 inches per year, with 35.9 inches of snow per year.