7661 N Sheridan Road
Chicago, IL, 60626
$2,300,000
6 Beds
5 Baths
0 SqFt
0.18 Acres
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$2,300,000
7661 N Sheridan Road
Chicago, IL, 60626
MLS #MRD12588904 image #0MLS #MRD12588904 image #1MLS #MRD12588904 image #2MLS #MRD12588904 image #3MLS #MRD12588904 image #4MLS #MRD12588904 image #5MLS #MRD12588904 image #6MLS #MRD12588904 image #7MLS #MRD12588904 image #8MLS #MRD12588904 image #9MLS #MRD12588904 image #10MLS #MRD12588904 image #11MLS #MRD12588904 image #12MLS #MRD12588904 image #13MLS #MRD12588904 image #14MLS #MRD12588904 image #15MLS #MRD12588904 image #16MLS #MRD12588904 image #17MLS #MRD12588904 image #18
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 7661 N Sheridan Road. The four-story building contains (23) total units comprised of (1) 3-Bedroom/2-Bathroom unit, (1) 2-Bedroom/1-Bathroom unit, (4) 1-Bedroom/1-Bathroom units, (11) Studio units, & (6) Studio units with detached bathrooms. There are (5) total garage spaces in the rear. The property currently grosses over $279k in gross rents and has additional income on top of that. Current ownership has taken care of numerous CAPEX expenses at the building – the whole front facade was redone (tuckpointing & lintels), upgraded electrical service (800 AMPS), and 19/23 units have undergone some sort of cosmetic upgrades. Steps away from Lake Michigan at $100,000/unit – deals like this one don’t come available often.

Property Details

Price:
$2,300,000
MLS #:
MRD12588904
Status:
Active
Beds:
6
Baths:
5
Type:
Commercial
Neighborhood:
chirogerspark
Listed Date:
Mar 10, 2026
Lot Size:
8,011 sqft / 0.18 acres (approx)
Year Built:
1920
Chi – Rogers ParkChirogerspark

Schools

Interior

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$14,950
Net Operating Income
$167,233
Tax Year
2024
Taxes
$32,364
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Mar 12, 2026
939
Commercial Listed
195
Avg DOM
199
Avg $ / SqFt
$1,030,669
Avg List Price

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Property Summary

    7661 N Sheridan Road Chicago IL is a Commercial for sale in Chicago, IL, 60626. It is listed for $2,300,000 To schedule a showing of MLS#mrd12588904 at 7661 N Sheridan Road in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7661 N Sheridan Road
Chicago, IL