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$1,300,000
12,960
square ft

501 Bank Lane
HIGHWOOD, Illinois 60040

Closed / MLS #9320338 / Multiple Family / Highwood
Listing information updated 12/13/2016 at 2:08am
Rare opportunity to own a storefront/apartment building in downtown Highwood 1 block form the train station. Highwood is experiencing a new revival with 3 new residential and commercial developments breaking ground in 2016 & 2017. The 12,960SF building has 10 apartments and 2 storefront units with 8 lower level parking/workshop garages. Many very long term tenants. The adjacent property(500 Sheridan Road) is available for sale as well.
Exterior Type:
Brick,Stucco
Square Feet:
12,960
Built:
1971
Parking Spaces:
20
Cooling System:
Central Air,Window Unit/s
Stories:
3
Roof:
Rubber
Current Use:
Residential-Multi-Family
Zoning:
COMMR
Building Square Feet:
12,960
Current Net Income:
$83,202
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 3:
5 room(s) / 2 bed(s) / 2 bath(s)
Tax Amount:
$20,633
Tax Year:
N/A
Zip Code:
60040
City:
Highwood
County:
Lake

Listing Office: Tri-County Comm''l R.E., Inc.

Listing Office Phone: 847.615.1200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/13/2016 at 2:08am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Highwood, IL

Highwood enjoys the good life with a thriving dining scene, festivals, and nightlife that attracts visitors from across the North Shore. The city is known for its award-winning restaurants, offering everything from Italian to French cuisine. In the summertime, residents enjoy Highwood’s popular Ev...

Metra

Metra
Union Pacific North line at Highwood Metra
$498,404
Average Sale Price
49
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 501 Bank Lane, Highwood, IL 60040
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501 Bank Lane, Highwood, IL 60040 is a multiple family which sold for $1,300,000. This multiple family has been listed on @properties Christie's International Real Estate since August 19th, 2016 and was built in 1971. The nearest transit stops include Highwood Metra Metra Union Pacific North line.

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