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1039 Sheridan Rd, Winthrop Harbor, IL 60096
About this home
Top notch investment property: 85% leased, well maintained, on-site property manager, ACH auto-payments of most of the rents and there is upside on the rents. The property consists of 2 apartment buildings, a manager house, commercial garage and single garage on more than 1 acre corner lot. There is also a retail space that has been used as a restaurant for years and includes a full commercial kitchen with 12' exhaust hood, Halon and make-up air systems. Huge, newly sealed and striped parking lot with more than 50 parking spaces. Newer roof, windows and other improvements already done. Safe, quiet community near lake Michigan lakefront, schools, shopping, Metra commuter train to Chicago, boat marina, State Park and much more.
Redfin Estimate
Market trends in 60096, IL
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Provided by Redfin
Sale history for 1039 Sheridan Rd
Tax history for 1039 Sheridan Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Parking (Total): 60
Interior
- Unit Type 1 Information
- # of Rooms: 4
- # of Bedrooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- # of Units: 3
- Monthly Income: $595
- Unit Type 2 Information
- # of Rooms: 5
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- # of Units: 7
- Monthly Income: $620
- Unit Type 3 Information
- # of Rooms: 1
- # of Units: 4
- Monthly Income: $75
- Unit Type 4 Information
- # of Rooms: 7
- # of Full Bathrooms: 0.2
- # of Units: 1
- Monthly Income: $900
Exterior
- Building Information
- # of Units: 15
- Built Before 1978 (Y/N): Yes
- Roof Structure: Gable
- Construction Materials: Block
- Property Information
- Property Type: Multi Family 5+
- Parcel Number: 04103070080000
- Lot Information
- Dimensions: 201 X 228 X 100 X 73 X 100
- Zoning: COMMR
Financial
- Tax Information
- Tax Annual Amount: $23,530
- Tax Year: 2015
- Financial Information
- Finance Code: Conventional
- Gross Rent Multiplier: 6.6
- Total Monthly Income: $9,701
- Gross Income: $11,642
Utilities
- Heating & Cooling
- Heat/Ventilation: Hot Water
- Cooling: Central Air
Location
- Location Information
- Township: BENTON
- Directions: I-94 to Russell Road exit (state line road). Go east 3 miles to Sheridan Road, go south to 11th str
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 4,032
- Stories: —
- Lot Size: 0.28 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1960
- Year Renovated: 1960
- County: Lake County
- APN: 04-10-307-009
Other
- Expense Information
- Water Sewer Expense: $3,158
- Water Expense Source: Owner Projection
- Insurance Expense: $5,471
Around this home
Schools
Public PreK-4 • Assigned • 0.4mi
Public 5-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 10.2 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.
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3 Beds | 1 Baths | 971 Sq. Ft. | $246,557 |
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