1401 Sheridan Road Winthrop Harbor, IL 60096
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.
|4 weeks ago||Listing updated with changes from the MLS|
|a month ago||Listing first seen online|
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