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About this Property

Prime Turnkey Restaurant Opportunity – Highwood, IL

Exceptional opportunity to lease or purchase a beautifully remodeled restaurant in the heart of Highwood's thriving dining district. This freestanding 1,980 SF restaurant features an impressive 2,200 SF outdoor patio and a total seating capacity of up to 199 guests, making it ideal for a wide range of restaurant concepts.

Renovated in 2020, the property offers a modern interior with a partially equipped commercial kitchen, open dining room, stylish bar, updated plumbing and electrical systems, and a full basement for additional storage or operations. While there is currently no Type I hood, the one-story building allows for straightforward installation if required.

The flexible floor plan is well suited for casual dining, upscale restaurants, cafés, breweries, wine bars, or event-driven concepts. The expansive patio provides a unique opportunity to increase revenue through outdoor dining, private events, and seasonal programming.

Located on Sheridan Road in downtown Highwood, the property benefits from strong visibility, high foot traffic, and proximity to boutique retail, entertainment, and major transportation routes. Highwood is recognized as one of Chicago's premier dining destinations, attracting both local residents and visitors year-round through its vibrant restaurant scene and popular community festivals.

Property Highlights

  • 1,980 SF freestanding restaurant
  • 2,200 SF outdoor patio
  • Seating capacity for up to 199 guests
  • Fully remodeled in 2020
  • Partially equipped commercial kitchen
  • Stylish bar and open dining area
  • Full basement for storage and operations
  • Liquor license available
  • Flexible layout suitable for multiple restaurant concepts
  • Prime downtown Highwood location with excellent visibility and pedestrian traffic

Seating & Space

  • Patio area
  • Indoor seats: 199

Licenses & Permits

  • Full Liquor Permit

Buildout & Condition

  • Condition: Second Generation (Good Condition)

Documents

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Full RestaurantProperty Sale

Prime Restaurant Opportunity in Highwood

524 Sheridan Rd, Highwood, IL 60040, USA
Size
1,980 sq ft (Bldg) · 0.15 Acres
Seats
199
1 view
Asking Price$850,000
Building Size1,980 sq ft
Lot Size0.15 Acres
  • 1,980 sq ft
  • 0.15 Acres
  • APN: 16-15-208-029
  • Outdoor
  • Full Liquor Permit

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