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    3956 Sheridan Rd Chicago, IL 60613

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    For Lease
    Contact for pricing

    High-Visibility Sheridan Road Retail

    Lot size:
    10,355 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,355 square foot retail property, located at the hard corner of Sheridan Road and Irving Park Road in Chicago's desirable Lakeview neighborhood, presents a unique leasing opportunity. Currently offering 3,310 square feet of vacant space, this single-tenant building boasts unparalleled visibility and exposure to approximately 19,000 vehicles per day, complemented by significant pedestrian traffic. Its strategic location, just steps from the Sheridan Red Line "L" station and three blocks north of Wrigley Field, ensures high foot traffic and accessibility. The former bank branch space features a prominent storefront ideal for a variety of businesses. The B1-3 zoning allows for diverse uses, including restaurants, medical offices, and general retail establishments. The building's total square footage is 10,355 square feet, situated in Cook County, Illinois, with a Chicago address of 3956 N Sheridan Rd, zip code 60613. This property offers an exceptional chance to establish a thriving business in a vibrant and highly sought-after location. The property is in Cook County and zoned B1-3.

    Property Features for 3956 Sheridan Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,355 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,310 SF

    HighLights

    • High‑visibility retail space at the southwest corner of Sheridan & Irving Park Roads, Chicago, with 19,000 vehicles per day.
    • Steps from the Sheridan Red Line "L" station.
    • Three blocks north of Wrigley Field in Chicago's Lakeview neighborhood.
    • B1‑3 zoning allows for diverse uses including restaurants, medical, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -87.6547873
    Latitude
    41.9543323

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Sheridan Road Retail
    Where is this retail property located?
    The property is located at 3956 Sheridan Rd Chicago, IL.
    What are key features of this property?
    This property features: High-visibility retail space at the southwest corner of Sheridan & Irving Park Roads, Chicago, with 19,000 vehicles per day.; Steps from the Sheridan Red Line "L" station.; Three blocks north of Wrigley Field in Chicago's Lakeview neighborhood.
    Request Owner's contact information
    3956 Sheridan Rd Chicago, IL 60613
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    Chicago, IL 60613
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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
    3956 Sheridan Rd Chicago, IL 60613
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