1401 Sheridan Road, WINTHROP HARBOR


0 Beds
0 Baths
10,000 Sqft
0 Acres
0 Garages

This property consists of three separate buildings. The main Motel building is 16 units and four are kitchenettes. This main building also contains an owner/manager apartment that is 3 levels, about 4000 sq feet and a four car garage. The middle building consists of 4 one bedroom apartments that are rented by the month. The house on the south end has a large home with a longer term rental and two additional room rental units. Out of town owner is motivated and says SELL IT! Over 560 ft of Sheridan Rd frontage with 3 maintained buildings.The property has been under new management for the past year and it has been updated and significantly "cleaned up." It is a VERY profitable business and income statements can be available with buyer interest after first showing. Close to Northpointe Marina(fishermen, boaters etc), METRA, shopping, restaurants etc. Taxes shown are for all 5 PIN's and are based on a higher assessed value than the asking price--TAXES WILL BE LOWER with sale.

Essential Information
MLS® #10448912
Square Footage10,000
Sub-TypeBus / Bus w/Real Est
Community Information
Address1401 Sheridan Road
AreaWinthrop Harbor
Zip Code60096
Parking Spaces50

Central Bldg Heat, Electric, Forced Air, Gas


Central Air, Chillers, Wall Sleeve, Window Unit/s

Additional Information
Listing Details
OfficeCornerstone Realty Group, LLC
Property History
Status Changed from New to Active

Get directions to this property:

Midwest Real Estate Data LLC Logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than [INSERT BROKER NAME] are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Listing information last updated on November 17th, 2019 at 8:35am CST.