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    3948 N Sheridan Rd Chicago, IL 60613

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    For Lease
    Contact for pricing

    Retail space near public transit and Wrigley Field.

    Property size:
    3,310 SF
    Lot size:
    0.28 Acres

    Property Features for 3948 N Sheridan Rd

    General Information

    Size
    3,310 SF
    Lot size
    0.28 Acres

    Source: Frontline Real Estate Partners, LLC Agent Andrew Rubin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Wrigley Field

    This retail space is located at the southwest corner of Sheridan Road and Irving Park Road, which sees 19,000 vehicles per day. Situated in Chicago's Lakeview Neighborhood, the property is three blocks north of Wrigley Field and steps from the Sheridan "L" Red Line Station. The B1-3 zoning allows for a multitude of uses including restaurants, medical facilities, and general retail. The property offers 3,310 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    H Rossman Psychologist Hugh Cole Counselor Caleb Reyes Psychiatrist Melissa English Bailey Psychologist Dr. Wren Logan Neurologist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6549377
    Latitude
    41.9542577

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    FAQs

    What type of property is this?
    Retail space - Retail space near public transit and Wrigley Field.
    Where is this retail space located?
    The property is located at 3948 N Sheridan Rd Chicago, IL.
    What are key features of this property?
    This property features: - High-traffic location at the southwest corner of Sheridan Road and Irving Park Road (19,000 VPD).; - Proximity to the Sheridan 'L' Red Line Station.; - Located three blocks north of Wrigley Field in Chicago's Lakeview Neighborhood.
    (224) 628-4005
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    3948 N Sheridan Rd Chicago, IL 60613
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    Chicago, IL 60613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3948 N Sheridan Rd Chicago, IL 60613
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