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General Retail For Lease • 1,080 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste 114 | Retail | 1,080 SF | $23.94 USD/SF/YR | |
Turnkey Restaurant Opportunity in Highwood, IL Property Overview: Location: 114 Washington Ave, Highwood, IL 60040 Size: 1,080 sq. ft. Lease Terms: $2,155/month gross; water included; lease valid until February 28, 2026, with a 5-year renewal option Sale Price: $59,000 (asset sale) with a lease assignment. Highlights: Fully Equipped Kitchen: Professional-grade kitchen suitable for high-volume operations, including a walk-in cooler and freezer. Versatile Space: Originally built out in 2023 as an Asian carryout; easily adaptable to various fast-casual concepts (excluding Mexican cuisine due to an existing tenant). Low Overhead: Competitive rent with utilities like water included, enhancing profitability. Strategic Location: Situated in Pool Plaza alongside Tacos El Norte, a mini-mart with a gas station, and T-Mobile Metro. Proximity to Naval Station Great Lakes and ample parking options make it ideal for carryout and delivery services. Demographics & Market Potential: Highwood, located in Lake County, boasts a population of approximately 5,227 residents with a median age of 36.3 years. The median household income is $105,282, indicating a community with disposable income. The area is characterized by a diverse demographic, with 56.4% White (Non-Hispanic), 23.7% Other (Hispanic), and 8.38% White (Hispanic). This diversity presents an opportunity to cater to a wide range of customers. Traffic & Accessibility: The intersection of Sheridan and Washington Avenues experiences significant traffic, enhancing visibility and accessibility for the restaurant. The Illinois Department of Transportation provides detailed traffic information, indicating robust vehicular movement in the area. Nearby Attractions & Opportunities: Naval Station Great Lakes: Located just a short drive away, this naval base is home to thousands of personnel and visitors, presenting a substantial customer base for catering and delivery services. Fort Sheridan Forest Preserve: A scenic destination offering public access to Lake Michigan, attracting both locals and tourists. Local Events: Highwood hosts various events throughout the year, such as the Great Highwood Pumpkin Festival, drawing significant foot traffic to the area. Conclusion: This turnkey restaurant offers a prime opportunity for entrepreneurs seeking a ready-to-operate space in a vibrant community. With its strategic location, fully equipped kitchen, and adaptable layout, it is well-suited for various fast-casual dining concepts. The competitive lease terms and proximity to key establishments further enhance its appeal. Don't miss the chance to establish your culinary vision in Highwood's dynamic market.
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Prime retail space in Pool Plaza, a conveniently located strip center perfectly situated at the busy intersection of Washington Ave and Sheridan Rd/Waukegan Ave with high traffic counts. Boasts great signage, high visibility, easy access and ample parking. Other popular tenants include Family Dentistry of Highwood, Fenix Family Health Center, Rosie’s Hair Salon, Tacos El Norte, The Lax Shop, T-Mobile Metro, Top Spa & Nail and a Mini Mart for the BP gas station. Also, across from Fort Sheridan, a historic military installation that was decommissioned in 1993. Portions were repurposed for residential use, while other areas were preserved as part of the Lake County Forest Preserves. The site now offers recreational opportunities, including hiking trails and access to Lake Michigan, allowing visitors to appreciate both its natural beauty and historical significance. Plus, located near downtown Highwood. And close to many other local businesses as well as surrounded by a vast residential area of homes! Located in an affluent north suburb. Set in a high-income area - median household income of $105,282. Across from Fort Sheridan, a famous local landmark. Situated in the heart of Highwood near downtown, making it easily accessible to both residents and visitors alike. In a popular neighborhood strip center with a great mix of dining, service and retail options - a one-stop convenience destination! Placed in an ideal spot with steady foot and vehicle traffic. Well positioned on two main thoroughfares, close to businesses and near many homes. And features a large professional kitchen set up for high volumes! Listed by Brian O'Kelly and Ted Aretos at EatZ & Associates / EatZ Real Estate Group Feel free to stop by the location first. This is a HIGHLY confidential listing. If interested, please email Brian O’Kelly at brian@eatz-associates.com or call 847-579-9641 for more information. Showings by appointment only.
| Fully-Equipped Fast-Food Restaurant Highwood, IL - Pool Plaza! |
| At The Corner Of Washington Ave & Sheridan Rd/Waukegan Ave |
| Across Fort Sheridan |
| Located Near Downtown Highwood |
| Close To Many Other Local Businesses |
| Surrounded By A Vast Residential Area Of Homes |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Highwood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 1 min | 6 min | 0.4 mi |
| Fort Sheridan Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 3 min | 20 min | 1.1 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 34 min | - | 23.0 mi |
| Chicago Midway International | 51 min | - | 33.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Ted Aretos
Eatz & Associates
Ted Aretos
Eatz & Associates
