1400 Sheridan Rd - Commercial LAND FOR SALE


Winthrop Harbor, IL 60096- Shore Acres81,396 SF
$169,000 USD
847-222-5000
1400 Sheridan Rd, Winthrop Harbor, IL for Sale
$169,000 USD
Commercial LAND - FOR SALE
1/15
81,396 SF

1400 Sheridan Rd
Winthrop Harbor, IL 60096
Shore Acres


HIGHLIGHTS

  • Located near the Lake Michigan waterfront and marinas, enhancing local appeal.
  • Approximately 200 feet of Sheridan Road frontage ensuring visibility for future businesses.
  • Includes multiple parcels, offering flexible development configurations for investors.
  • Situated in a community that supports development through municipal incentives and programs.
  • Accessible position south of 10th Street with connectivity to regional thoroughfares.
  • Zoned commercial, allowing for retail, mixed-use, or potential residential redevelopment options.

OVERVIEW

This land opportunity offers a unique chance to secure nearly 200 feet of frontage along Sheridan Road in Winthrop Harbor, IL, combining outstanding visibility with promising development incentives. The property spans approximately 1.91 acres across multiple parcels and is zoned for commercial use, making it suitable for a variety of development options including retail, mixed-use, or specialty projects. Fee simple ownership further enhances flexibility for developers and builders. 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.

FOR SALE DETAILS

PRICE

$169,000 USD

PRICE/ACRE

$90,442/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Restaurant, Single Family Development

LAND ACRES

1.87 AC

LAND SF

81,396 SF

OFFSITE IMPROVEMENTS

-

ZONING

B-1

APN/PARCEL ID

04-15-100-006,04-15-100-007,04-16-202-003,04-16-202-004

ASK ABOUT THIS PROPERTY

Elizabeth ThompsonColdwell BankerMore Info
847-222-5000

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Elizabeth ThompsonColdwell BankerMore Info
847-222-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.