Property profile

4956 Sheridan Rd Chicago, IL 60640

OFF-MARKET
Retail properties & Spaces
1,320 SF
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Property summary

AI-generated overview

This exceptional 1,320-square-foot commercial space is situated in the vibrant Uptown neighborhood of Chicago, offering unparalleled visibility and accessibility. Located on a high-traffic corner, the property boasts 33 feet of frontage on Sheridan Road and 67 feet on Argyle Street, ensuring maximum exposure to potential customers and clients. The single-tenant space features a spacious, open floor plan, perfect for customization to suit a variety of business needs. Four private offices provide ample space for individual work or meetings, complemented by two restrooms and a convenient kitchenette. A shared outdoor terrace offers a unique amenity, ideal for breaks or informal gatherings. The abundance of natural light streaming through large windows creates a bright and welcoming atmosphere. This mixed-use property is suitable for a range of businesses, including retail, office, daycare, personal services, or even an event venue. Uptown's thriving business community, cultural attractions, and ongoing infrastructure improvements, such as the recently completed $6 million streetscape project and the upcoming Lawrence to Bryn Mawr Modernization Project (projected completion 2025), contribute to a dynamic and growing environment. The property's strategic location offers excellent connectivity, with close proximity to the CTA Red Line Argyle Station, numerous bus routes, Lake Shore Drive, and the lakefront, providing easy access to downtown Chicago. High foot and car traffic, coupled with its proximity to Butler's Park and a variety of popular restaurants and businesses, makes this a truly prime opportunity for a business seeking a thriving location in a rapidly developing area of Chicago. Cook County location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,320 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association Or Organization

Location

4956 Sheridan Rd Chicago, IL 60640
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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