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    OFF-MARKET
    Restaurants

    6935 Sheridan Rd, Chicago, IL 60626

    8,103 SF 1 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional opportunity to lease a fully equipped, 8,103 square foot free-standing restaurant located at 6935 N Sheridan Rd in Chicago, IL. This single-tenant property boasts a substantial 3,950 square foot basement, currently configured with a prep kitchen, office space, green room, storage, and three walk-in refrigeration units (two coolers and one freezer). The B3-1 zoning allows for various food-related commercial uses. The property sits on approximately one acre of land (22,000 square feet total lot size) and includes 70 parking spaces, a significant advantage in this high-traffic area. Located on Chicago's Northside, this property enjoys a prime location within walking distance of Loyola University, the CTA Loyola Red Line Train Stop, Edgewater Beach, and a recently opened Target store. Property taxes are $4 per square foot. The property's APN is 11-32-201-001, 11-32-201-002, and 11-32-201-031, and is situated in Cook County. This is a rare opportunity to acquire a well-positioned, fully equipped restaurant space in a vibrant and densely populated area. Inquire today to learn more about this exceptional property.

    Property profile
    Verified
    Property type Restaurants
    Total area 8,103 SF
    Lot 1 ac (43,560 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
    • Bill Morton 49th Community Center
    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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