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Ground-Level Retail Condo
For Sale
Under Contract
$174,900

4848 N Sheridan Road, Chicago, IL 60640

Commercial Sale, Chicago, IL

Property Size1,300 SF
Lot Size0.70 Acres
Price / SF$134.54
Days on Market325

Property Features for 4848 N Sheridan Road

General Information

Property type Commercial Sale
Property subtype Retail
Directions Lawrence to Sheridan, North to property. Sheridan Grand Complex.
Subdivision CHI - Uptown
Standard status Active Under Contract
APN 14084160431002
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 10150

Utilities

Cooling system Central Air

Building Details

Year built 2006
Building materials Brick
Listing Agency: Worth Clark Realty
Listed By: Michelle Paz · License #471021454
Added: Nov 14, 2025 Changed: Oct 3 Last Checked: Oct 5 at 11:06PM
MLS# 12518426

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This ground-level retail condo offers 1,300 square feet of open commercial space with a private office, spacious bathroom, and kitchenette or breakroom. The property is identified as Unit C-2, also designated Unit 102, and was built in 2006 with brick construction and central air conditioning.

B3-5 zoning is in place, and the space is positioned along North Sheridan Road in Chicago’s 60640 postal area. Two parking spaces are also available for sale. The configuration and zoning accommodate the retail space classification while providing enclosed office and staff-support areas within the unit.

Key Highlights

  • 1,300 SF ground‑level retail condo
  • Open commercial layout with 1 private office
  • Spacious bathroom and kitchenette/breakroom

Property Analytics

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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 Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

3,539
Businesses Nearby

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
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Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open layout with a private office, bathroom, and kitchenette for flexible business use.
Where is this retail space located?
The property is located at 4848 N Sheridan Road Chicago, IL.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 1,300 SF ground‑level retail condo; Open commercial layout with 1 private office; Spacious bathroom and kitchenette/breakroom
More about this property
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