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Flexible Retail Space
New
For Lease
$24 SF/Yr

4848 N Sheridan Rd, Chicago, IL 60640

The adaptable layout supports retail, fitness, medical, and service-oriented uses.

Space Size5,257 SF
Days on Market1

Property Features for 4848 N Sheridan Rd

General Information

Standard status Active
Size 5,257 SF
Net Rentable 5,257 SF

Space & Availability

Available Space 5,257 SF
Contiguous Space 5,257 SF
Space Use Retail

Building Details

Year Built 1970
Listing Agency: Kawash Group
Listed By: Nader Kawash
Source: Saladinosells
Added: Sep 10 Last Checked: Sep 10 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kawash Group

Investment Insights

Based on property information with market context.

This 5,257-square-foot retail space occupies a storefront at 4848 N Sheridan Rd. The layout is positioned for a range of commercial applications, including retail, fitness, medical, and service-oriented businesses. The building dates to 1970.

The property is located in Chicago’s Uptown/Edgewater corridor within a dense residential setting. Lake Shore Drive, public transportation, and a mix of national and local retailers are nearby. The Sheridan Road setting provides exposure to both pedestrian and vehicle activity, supporting a broad range of customer-facing operations.

Key Highlights

  • 5,257 SF retail space at 4848 N Sheridan Rd
  • Flexible layout for retail, fitness, medical, or service‑oriented uses
  • Located in Chicago’s Uptown/Edgewater corridor

Property Analytics

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Open Analytics

Current Use

Karen Ayers - State ... Insurance Agency Wangle Creative, Inc Marketing & Advertising Kids Future Day ... Daycare Center New City Remodeling Hardware & Home Improvement ATM Machine at P ... Atm

Suggested Use

Top Pick Auto Parts Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,539
Businesses Nearby
255k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Dining 34% Groceries 28% Home Improvements & Furnishings 4%
Mariano's Groceries
38,415 visits/mo 0.5 miles
Aldi Groceries
32,487 visits/mo 0.5 miles
McDonald's Dining
30,355 visits/mo 0.3 miles
McDonald's Dining
27,614 visits/mo 0.4 miles
Dollar Tree Shops & Services
18,696 visits/mo 0.5 miles

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 SF
Avg Space Size

This space is priced 8% below the average of $26.1 /SF/Yr.

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The adaptable layout supports retail, fitness, medical, and service-oriented uses.
Where is this retail space located?
The property is located at 4848 N Sheridan Rd Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 5,257 SF retail space at 4848 N Sheridan Rd; Flexible layout for retail, fitness, medical, or service‑oriented uses; Located in Chicago’s Uptown/Edgewater corridor
More about this property
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