6935 Sheridan RdChicago, IL 60626

For Sale
Call for price
Established Italian Restaurant, 8,717 SF

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial property presents a unique investment opportunity in Chicago's vibrant Edgewater neighborhood. Located at 6935 N Sheridan Rd, this 8,717 square foot, single-story building boasts a prime location, just steps from Loyola University, the CTA Red Line, Edgewater Beach, and a newly opened Target. The property, zoned for restaurant use, features a well-established Italian restaurant with a 24-year history, although currently closed. Included in the sale are the real estate, furniture, fixtures, and equipment. The building offers significant potential for continued operation as a restaurant or redevelopment into a mixed-use property. A substantial 3,950 square foot basement provides ample space currently configured as a prep kitchen, office space, green room, storage, and includes two walk-in coolers and one walk-in freezer. The property sits on a 100' x 150' lot with paved parking and two gas pumps. Owner financing is available. This is a rare chance to acquire a fully equipped restaurant with significant upside potential in a high-demand area. The property's versatility and prime location make it an ideal investment for both owner-users and developers seeking a strong return. The building's Class B designation reflects its solid construction and functionality. This turnkey operation is ready for a new chapter.

Highlights

  • 8,717 SF free-standing restaurant building with a 3,950 SF basement including prep kitchen, office, storage, and walk-in coolers/freezer.
  • Suitable for continued restaurant use or mixed-use redevelopment.
  • Prime Edgewater location near Loyola University, CTA Red Line, Edgewater Beach, and a new Target.

Property Details for 6935 Sheridan Rd

Property type
Retail properties, Restaurants
Square Feet
8,717 SF
Class
B
Year Built
60
Stories
1
Units
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
42.0077842
Longitude
-87.661237
6935 Sheridan Rd, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Established Italian Restaurant, 8,717 SF
Where is the retail property located?
The property is located at 6935 Sheridan Rd Chicago, IL.
What are key features of this property?
This property features: 8,717 SF free-standing restaurant building with a 3,950 SF basement including prep kitchen, office, storage, and walk-in coolers/freezer.; Suitable for continued restaurant use or mixed-use redevelopment.; Prime Edgewater location near Loyola University, CTA Red Line, Edgewater Beach, and a new Target.
How can I contact the broker?
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6935 Sheridan Rd
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