Winthrop Harbor IL Commercial for Sale
- Type:
- Retail
- Sq.Ft.:
- 2,040
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 12017921
View additional info
Courtesy: RE/MAX Showcase
847-596-6100
ADDITIONAL INFORMATION
2,040 SF Free Standing Brick Retail Building built in 1959 with 12+ parking spaces and Full Basement on Well Traveled Sheridan Rd in Winthrop Harbor. Two units: Unit 1 with 1,224 SF currently occupied by owner for operating insurance brokerage business and wishes to lease back from buyer for $1,600 a month plus gas and electricity until 2/28/2025. Unit 2 with 816 SF currently leased to hair salon operator for $900 a month plus gas and electricity. The .282 acre corner lot has ingress and egress from both Sheridan Road and 12th Street. B-1 Zoning permits a wide range of retail uses and the list can be found under "Additional Info". 9.2% CAP rate at full asking price.
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Winthrop Harbor Real Estate
The median home value in Winthrop Harbor, IL is $292,500. This is lower than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in Winthrop Harbor, IL is $292,500. Approximately 75.26% of Winthrop Harbor homes are owned, compared to 17.47% rented, while 7.27% are vacant. Winthrop Harbor 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 Winthrop Harbor real estate agent to arrange a tour today!
Winthrop Harbor, Illinois has a population of 6,728. Winthrop Harbor is less family-centric than the surrounding county with 23.76% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Winthrop Harbor, Illinois is $85,536. 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 Winthrop Harbor is 51.3 years.
Winthrop Harbor Weather
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 35.7 inches per year, with 40.2 inches of snow per year.