6935 Sheridan Rd Chicago, IL 60626
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Bill Morton 49th / Community Center
Property Details for 6935 Sheridan Rd
- Year built
- 60
- Property size
- 8,717 SF
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional commercial property presents a unique investment opportunity in Chicago's vibrant Edgewater neighborhood. Located at 6935 N Sheridan Rd, this 8,717 square foot, single-story building boasts a prime location, just steps from Loyola University, the CTA Red Line, Edgewater Beach, and a newly opened Target. The property, zoned for restaurant use, features a well-established Italian restaurant with a 24-year history, although currently closed. Included in the sale are the real estate, furniture, fixtures, and equipment. The building offers significant potential for continued operation as a restaurant or redevelopment into a mixed-use property. A substantial 3,950 square foot basement provides ample space currently configured as a prep kitchen, office space, green room, storage, and includes two walk-in coolers and one walk-in freezer. The property sits on a 100' x 150' lot with paved parking and two gas pumps. Owner financing is available. This is a rare chance to acquire a fully equipped restaurant with significant upside potential in a high-demand area. The property's versatility and prime location make it an ideal investment for both owner-users and developers seeking a strong return. The building's Class B designation reflects its solid construction and functionality. This turnkey operation is ready for a new chapter.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6612
- Latitude
- 42.0078
