6606 Sheridan RdChicago, IL 60626

Property Details for 6606 Sheridan Rd

Year built

1952

Lot size

0.17 AC

Property size (Sq ft)

5,800 SF

Property type

Retail space

APN

11-32-313-025

APU

1132313025

Description

This exceptional turnkey restaurant/retail opportunity, located in the vibrant Rogers Park neighborhood directly across from Loyola University, presents a rare chance to establish or expand your business. The 4,000 square foot, single-story building boasts a spacious interior designed to comfortably seat 150-175 guests. The impressive 34-foot frontage features floor-to-ceiling glass garage doors, creating an inviting atmosphere. Two ADA-compliant multi-stall restrooms cater to customer needs. A fully equipped kitchen includes a 20-foot hood, fire suppression system, center prep area, Blodgett ovens, and three walk-in refrigerators/freezers. A 30-foot center bar with a dedicated service area adds to the operational efficiency. The space comes fully furnished with tables, chairs, booths, and a reception desk. Exterior features include a 1,500 square foot private outdoor seating area accommodating 50+ guests, building and pylon signage visible to over 22,500 vehicles per day on Sheridan Road. The property's prime location is just two blocks from the Loyola CTA station (5,000 daily passengers, 1.8 million annually) and near multiple bus stops. Surrounded by established businesses including Target, CVS, and popular restaurants, this property benefits from high foot traffic and visibility. Built in 1950 and renovated in 2016, the building is zoned B3-3, offering flexibility for various uses. This is a truly remarkable opportunity in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,566,467

  6.5%

  $2,369,046

  7%

  $2,199,829

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,903,734

  Geo Method

  $1,903,734

• Alternative Use

  Use

  Valuation

  Residential

  $1,998,379

  Hospitality

  $1,830,505

  Educational

  $1,522,958

  Medical

  $1,575,335

  Retail

  $2,369,046

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

42.0029

Longitude

-87.6613

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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