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    4740 Sheridan Rd Chicago, IL 60640

    For Lease
    $16 SF/Yr

    Prime Office Suites, Multiple Sizes Available

    Lot size:
    182,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional office property, located at 4740-4750 N Sheridan Rd in Cook County, offers a diverse range of spaces to suit various business needs. The building encompasses a substantial 182,250 square feet of total space, with multiple tenancies available. Flexible floor plans cater to a variety of office styles, from executive suites to traditional layouts, and even accommodate medical or creative office setups. Currently, seven individual spaces are immediately available, ranging in size from a comfortable 600 square feet to expansive 16,000 square foot options. This presents a unique opportunity for businesses seeking adaptable and well-situated office space in a highly desirable location. The building's substantial size and diverse suite options provide scalability for businesses of all sizes, from startups to established corporations. Whether your needs are for a small, efficient executive suite or a large, open-plan creative workspace, or even a medical office, this property offers the flexibility to accommodate your specific requirements. The prime location ensures easy access to key transportation routes and amenities, making it an ideal choice for businesses seeking both functionality and convenience. Inquire today to explore the available spaces and discover the perfect fit for your organization.

    Property Features for 4740 Sheridan Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    182,250 SF
    Total Rate
    243000

    Unit(s) available at that property

    Space
    1st Floor
    Size
    1,862 SF
    Rate per SF
    $22
    Space
    1st Floor
    Size
    4,432 SF
    Rate per SF
    $22
    Space
    1st Floor-A
    Size
    4,794 SF
    Rate per SF
    $22
    Space
    2nd Floor
    Size
    16,000 SF
    Space
    2nd Floor-A
    Size
    5,332 SF
    Rate per SF
    $22
    Space
    2nd Floor-B
    Size
    5,216 SF
    Rate per SF
    $22
    Space
    3rd Floor
    Size
    600 SF
    Rate per SF
    $16

    HighLights

    • Office building totaling 182,250 square feet in Cook County.
    • Multiple tenancies available.
    • Seven suites available, ranging from 600 to 16,000 square feet.
    • Suitable for executive, traditional, medical, and creative office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6550528
    Latitude
    41.9684056

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    FAQs

    What type of property is this?
    Office space - Prime Office Suites, Multiple Sizes Available
    Where is this office space located?
    The property is located at 4740 Sheridan Rd Chicago, IL.
    What is the lease rate?
    The lease rate is $0.00-$22 SF/Yr.
    What are key features of this property?
    This property features: Office building totaling 182,250 square feet in Cook County.; Multiple tenancies available.; Seven suites available, ranging from 600 to 16,000 square feet.
    Request Owner's contact information
    4740 Sheridan Rd Chicago, IL 60640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4740 Sheridan Rd Chicago, IL 60640
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