4848 N Sheridan Road, Chicago, IL 60640 For Sale

Large‑Format Retail in a Dense Residential Corridor

±5,257 SF ground‑floor retail opportunity within a high‑density Uptown residential environment, ideal for neighborhood‑serving and service‑oriented tenants.

Ability to Demise the Retail Space

The existing layout offers the potential to subdivide the space into multiple smaller retail units, subject to design, approvals, and building requirements, providing increased leasing flexibility and expanded tenant demand.

Built‑In Customer Base

Located within a high‑rise mixed‑use building with over 100 residential units above the retail component, providing consistent daily foot traffic.

Strong Urban Zoning – B3‑5

Flexible zoning allowing a wide range of retail, medical, wellness, fitness, and professional service uses, enhancing long‑term leasing optionality.

Excellent Transit & Accessibility

Walkable Uptown location with strong CTA bus service and proximity to the Argyle Red Line station, catering to both pedestrian and transit‑dependent consumers.

High‑Visibility Sheridan Road Frontage

Prominent street exposure along a major North Side arterial, benefiting from consistent vehicular and pedestrian traffic.

Modern Construction Profile

Built in 2006 with concrete and brick construction, central HVAC, and institutional‑quality building systems uncommon for neighborhood retail assets.

Attractive Lease Structure

Triple Net (NNN) lease structure reduces landlord expense exposure and enhances income predictability.

Neighborhood‑Driven Demand

Uptown’s dense residential base supports recurring customer traffic, reducing reliance on destination retail or discretionary spending trends.

Rare Opportunity in Uptown

Opportunities for retail spaces exceeding 5,000 SF — with flexibility to remain single‑tenant or be demised — are limited in Uptown, positioning the asset as a scarce offering.