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6-Space Corner Retail Property
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5033 N Sheridan Rd, Chicago, IL 60640

Multi-suite retail building on a corner parcel with TOD zoning and redevelopment potential for mixed-use or residential projects.

Property SizeContact for details
Lot Size0.36 Acres
Days on Market143

Property Features for 5033 N Sheridan Rd

General Information

Standard status Active
Lot size 0.36 Acres
Property subtype Mixed Use
Zoning TOD

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Land Use commercial

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Tuyen Nguyen · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:33AM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

This storefront property comprises six retail spaces positioned on a 15,730-square-foot corner lot. The site is identified with TOD zoning and is presented as suitable for redevelopment incorporating mixed-use, residential, or condominium development. TIFs are also referenced in connection with redevelopment possibilities.

The property is in Uptown, near Argyle Street’s Asian restaurant district and Lake Michigan’s lakefront. Lake Shore Drive, the lakefront, and the CTA Red Line are minutes away, with nearby stations at Wilson Avenue, Lawrence Avenue, and Argyle Street. The combination of multiple existing retail spaces, a corner site, and transit-oriented zoning supports both current storefront use and future redevelopment planning.

Key Highlights

  • Six retail spaces on a 15,730 SF corner lot
  • TOD zoning supports consideration of mixed‑use, residential, or condominium redevelopment
  • Located in Uptown near Argyle Street’s Asian restaurant district

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Locksmith Tanning Salon 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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,275
Businesses Nearby
137k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 42% Groceries 28% Dining 24% Home Improvements & Furnishings 6%
Mariano's Groceries
38,415 visits/mo 0.2 miles
McDonald's Dining
27,614 visits/mo 0.1 miles
BP Shops & Services
17,307 visits/mo 0.2 miles
Citibank Shops & Services
12,016 visits/mo 0.3 miles
Shell Shops & Services
8,883 visits/mo 0.3 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

Market

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
Rey
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Similar Off Market Nearby

  • Clark Blooms 5145 N Clark St, Chicago, IL 60640
  • The Green Goose Shop 5238 N Clark St, Chicago, IL 60640
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  • Anna Held Floral Studio 5557 N Sheridan Rd, Chicago, IL 60640
  • Morning Glory Flower Shop 1135 Central Ave, Wilmette, IL 60091

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-suite retail building on a corner parcel with TOD zoning and redevelopment potential for mixed-use or residential projects.
Where is this storefront property located?
The property is located at 5033 N Sheridan Rd Chicago, IL.
What are key features of this property?
This property features: Six retail spaces on a 15,730 SF corner lot; TOD zoning supports consideration of mixed‑use, residential, or condominium redevelopment; Located in Uptown near Argyle Street’s Asian restaurant district
(773) 879-0713 Call to check price and availability
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