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Entitled Multifamily Development Site

6935 N Sheridan Rd Chicago, IL 60626

6935 N Sheridan Rd, Chicago, IL, 60626
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For Sale
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Fully entitled 80-unit, five-story wood frame apartment project with first-floor commercial space and surface parking.

Lot Size0.70 Acres
Days on Market114

Property Features for 6935 N Sheridan Rd

General Information

Standard status
Active
Lot size
0.70 Acres
Property subtype
Multifamily
Listing agency CBRE - Chicago
Listed by Dominic Soltero · License #IL 475.153308
Source Crexi
Added: Mar 31 Updated: Jul 20 at 5:57PM Checked: Jul 21 at 10:32AM

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 CBRE - Chicago


Investment Insights

Based on property information with market context.

CBRE presents a fully entitled multifamily development opportunity on a land site sized to support an approved 80-unit, five-story, wood frame residential building. The entitlements include 3,621 SF of first floor commercial space, and the offering also includes an additional 8,500+ SF land site for surface parking to help avoid the cost of structured parking.

The property is located at the hard corner of Morse Avenue and Sheridan Road in East Rogers Park, steps from Loyola University, Loyola Park & Beach, and the Morse CTA Red Line. It sits along a vibrant retail corridor and is within 1.5 miles of Target, Aldi, Whole Foods, and Jewel Osco.

The project has recently secured a Type-1 zoning change to B2-5, with the site carrying zero entitlement risk. A surface parking lot is included with 8,530 SF and at least 25 parking spaces to the south at 1156 W Farewell.

Key Highlights

  • Fully entitled 80‑unit multifamily development on 21,963 SF of land at 6935 N Sheridan Rd in East Rogers Park
  • Approved plans call for a 5‑story, wood frame building with 80 residential units
  • Entitlements include 3,621 SF of first‑floor commercial space

Property Analytics

Location Intelligence

Current Use by Public Records

Bill Morton 49th Community Center

Suggested Use

Law Firm Auto Parts Store Kitchen & Bath Showroom Catering Service HVAC Service Big Box & Wholesale Store Pet Grooming Service Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

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

FAQs

What type of property is this?
Apartment building - Fully entitled 80-unit, five-story wood frame apartment project with first-floor commercial space and surface parking.
Where is this apartment building located?
The property is located at 6935 N Sheridan Rd Chicago, IL.
What are key features of this property?
This property features: Fully entitled 80‑unit multifamily development on 21,963 SF of land at 6935 N Sheridan Rd in East Rogers Park; Approved plans call for a 5‑story, wood frame building with 80 residential units; Entitlements include 3,621 SF of first‑floor commercial space
Contact an agent
(913) 909-9529 Call to check price and availability
More about this property
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