For Sale
$1,750,000

4710 Sheridan RdChicago, IL 60640

Prime Location, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional three-story mixed-use building in Chicago's desirable 60640 zip code presents a unique investment opportunity. Priced at $1,750,000, the property offers 7,200 square feet of versatile space. The ground floor features a 3,800 square foot warehouse, complete with a drive-in door, high ceilings ideal for storage, and a front office/showroom area. The upper two floors, currently used as office space, were originally designed as apartments and each boast sizable outdoor areas with composite decking. Situated on a 4,500 square foot lot, the property is zoned B3-5, offering significant redevelopment potential. This flexible space is perfect for owner-users seeking a blend of commercial and office space, or developers looking to capitalize on the prime location and zoning. The property's three units and convenient location in Cook County, Illinois, at 4710 N Sheridan Rd, make it an attractive investment with strong potential for future appreciation. The asking price of $1,750,000 translates to $243.06 per square foot. This is a rare opportunity to acquire a mixed-use property in a thriving Chicago neighborhood. Serious inquiries are encouraged to explore the possibilities of this unique asset.

Highlights

  • $1,750,000 asking price.
  • 7,200 square foot mixed-use building.
  • 3,800 square feet of ground floor warehouse space with drive-in door.
  • Second and third floors currently used as office space (formerly apartments), each with outdoor space.
  • B3-5 zoning allows for redevelopment potential.

Property Details for 4710 Sheridan Rd

Property type
Warehouses, Retail properties
Square Feet
7,200 SF
Units
3

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9676738
Longitude
-87.6550283
4710 Sheridan Rd, Chicago, Illinois

FAQs

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4710 Sheridan Rd
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