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27061767
27061769

4138 N Sheridan Rd, Chicago, IL 60613 For Sale

WC
IL IL 475132248
SVN Chicago Commercial
Listed by SVN Chicago Commercial
$775,000
303 days on market
Updated 25 days ago

Buena Park Retail/Commercial Condos

Details
APN 14174040651001, 1002, 1003, 1004
Property Type Office, Retail
Sub Type Storefront, Commercial Condos (+1)
Units 4
Occupancy 75%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Acreage 0.440
Zoning B3-5
Investment Type Owner/User

Ground Floor Commercial Condos For Sale | ±1,020, 900, 900, and 1,500 SF

Marketing description

Price Reduced!!! SVN Chicago is proud to offer for sale a ±4,320 SF/4-unit retail/commercial condo property on Sheridan Road in Chicago's beautiful Buena Park neighborhood. Situated on the ground floor of a 59-unit residential condo building, the property is perfect for an owner-user looking to place their own business in the property, or for an investor looking for passive income. Three of the units are leased out, with one vacant and one on a MTM lease.

The unit pricing and approximate square footage are as follows:

C1: 1,020 SF List Price: $190,000

C2: 900 SF List Price: $170,000

C3: 900 SF List Price: $170,000

C4: 1,500 SF List Price: $280,000

C1-C4: 4320 SF - List Price: $795,000

There is existing income from three of the four units in place.

The vacant ±1,020 SF space, along with the adjacent 900 SF space, is also available for lease at $16/SF NNN

Buena Park is a historic Chicago neighbourhood located within the larger Uptown Area. Bound by Irving Park Road to the south, Montrose Avenue to the north, Lake Michigan to the east, and Graceland Cemetery to the west. Known for its tree-lined streets, Victorian-era homes, and proximity to Montrose Harbor and the lakefront trail, Buena Park offers a blend of historic charm, urban amenities, and a vibrant environment for any business to take advantage of. The property benefits from its immediate proximity to the Chicago Public Library and St. Mary of the Lake Catholic Church across the street, as well as the Sheridan Red Line CTA station just a few blocks to the south. It is also walking distance to Wrigley Field, and many restaurants and eateries, including Target, Ross, & Jewel-Osco, to name a few.

Investment highlights

  • 4,320 SF Ground Floor Commercial Condos For Sale/Lease

  • Four individual units measuring ±1,020, 900, 900, and 1,500 SF

  • Units may be purchased individually or as a whole

  • Existing income from three of the four units

  • Entire property available for $795,000

  • Individual unit pricing is $190,000 (C1), $170,000 (C2), $170,000 (C3,) and $280,000 (C4)

  • Units C1 & C2 are also available for lease at $16/SF NNN

Listing Contacts

WC
IL IL 475132248
SVN Chicago Commercial
Listed by SVN Chicago Commercial

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Additional Information

Name
Wayne Caplan
License
IL 475132248
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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