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Hilco Real Estate Sales Lists Hotel-Turned-Residential Along North Shore
Hilco Real Estate Sales announced August 14 as the bid deadline for the sale of 700 on Sheridan in Highwood, IL, a former hotel turned housing facility along Chicago’s North Shore. Built in 1971, the 71,580-square-foot, five-story building at 700 Sheridan Rd. was originally constructed as a Ramada Inn.
Over the years, the property has undergone extensive renovations. The current facility consists of 105 units: 95 studio apartments averaging 316 square feet and 10 one-bedroom units ranging from 632 to 720 square feet. Also included is a recently constructed 20,000-square-foot commercial space that’s appropriate for a variety of uses including grocery operations, dining or banquet hall for hosting events and conferences.
Hilco Real Estate VP Chet Evans said, “With its vast array of amenities and ideal location next to North Shore’s finest boutique shops, fine dining, country clubs and nature preserves, 700 on Sheridan presents an opportunity for residents and guests alike to thrive and enjoy a high standard of living in this all-inclusive site.”
- ◦Sale/Acquisition


