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    OFF-MARKET
    Retail properties & Spaces

    4956 Sheridan Rd, Chicago, IL 60640

    1,320 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Latin School's 3rd Space Association Or Organization
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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