Entitled Multifamily Development
For Sale
Contact for pricing
6935 N Sheridan Rd, Chicago, IL 60626
Fully entitled 80-unit, five-story wood frame apartment project with first-floor commercial space and surface parking.
Property SizeContact for details
Lot Size0.70 Acres
Days on Market159
Property Features for 6935 N Sheridan Rd
General Information
Standard status
Active
Total Parking Spaces
41
Lot size
0.70 Acres
Property subtype
Multifamily
Zoning
B2-5 (5.0 FAR) (Type-1 Zoning Change)
Additional Details
Multifamily Units
80
Building Details
Stories
5
Units
80
Listing Agency:
CBRE - Chicago
Listed By:
Dominic Soltero · License #IL 475.153308
(913) 909-9529
Source:
Crexi
Added: Mar 31
Changed: Aug 21
Last Checked: Sep 5 at 1:03AM
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.
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
Property Profile
Current Use
Lease Details
80
Residential units
Location Intelligence
Trade Area within ½ mile
1,866
Businesses Nearby
Explore this area
Business Placement
Demographics for 60626, IL
50,548
Population
26,812
Households
1.9
Avg Household Size
36
Median Age
53%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
29,734
Density / Sq Mi
$57,452
Median Household Income
$39,527
Median Earnings
$1,265
Median Rent
$269,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
