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6935 N Sheridan Rd 0.5 Acres of Commercial Land in Chicago, IL 60626
Investment Highlights
- Premier Rogers Park location at the high-visibility hard corner of Morse Avenue & Sheridan Road.
- Steps from Loyola University Chicago, Loyola Park & Beach, and the Morse CTA Red Line Station.
- Renderings and site plans available.
- No entitlement risk: the site has successfully gone through a Type-1 zoning change to a B2-5
- Located approximately five blocks north of Loyola University Chicago’s Lake Shore Campus.
- Significant cost savings with 16 existing parking spaces along the alley plus 25 additional spaces off Farwell Avenue
Executive Summary
CBRE is pleased to offer for sale a fully entitled 80-unit multifamily development opportunity on 21,963 SF of land at 6935 N Sheridan Rd in East Rogers Park. The approved plans call for 80 residential units in a 5-story, wood frame building. The offering also comes with an additional 8,500+ SF land site for surface parking, reducing costs by not having to build structured parking.
Property Facts
1 Lot Available
Lot
| Lot Size | 0.50 AC |
| Lot Size | 0.50 AC |
+ Property Type: Urban Development Site + Total Land Size: 30,493 SQ. FT. + Current Zoning: B2-5 + Ward/Alderman: Ward 49, Bill Morton + PINs: 11-32-201-031, 11-32-201-002, 11-32-201-001
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Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $28,510 | |
| Land Assessment | $223,309 | Total Assessment | $251,819 |
Property Taxes
Parcel Numbers
Land Assessment
$223,309
Improvements Assessment
$28,510
Total Assessment
$251,819
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6935 N Sheridan Rd
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