Property profile

3110 Sheridan Rd Chicago, IL 60657

OFF-MARKET
Other office properties
Property ID
US28-0731771
Built 1965
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial space configured for use as a beauty salon and located on Sheridan Road in the Lakeview area. The interior layout includes 2 manicure stations, 4 barber/hairstylist stations, and 1 makeup station, along with 3 private treatment rooms suitable for services such as massage, eyelash and eyebrow services, facials, and related beauty treatments. Each private room contains a sink, and one of the rooms also includes a shower. Additional facilities include 2 head-wash stations, a kitchen, and a bathroom, with a laundry and package room located adjacent to the premises. The property sits on a 2.53-acre lot and is positioned on a busy roadway with direct street visibility.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 1965
APN 14-28-105-089-1116
UPID US28-0731771

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
  • Food Processing Plant Factory
  • Nail Salon
  • Medical Clinic Skin Care Clinic
  • Nail Salon
  • Construction Company

Location

3110 Sheridan Rd Chicago, IL 60657-4944
Chicago metro Census 63200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2018
3 recorded transactions
2018
$145,000
2002
$200,000
1969
Price N/A

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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