Premium Commercial Space In A Luxury Residential Building

$25/sqft/yr

4555 North Sheridan Road, Chicago, IL 60640

For Lease

Retail Restaurant

Active

Last Updated: 08/09/2023

Details:

Building Size: 109,865 sqft

Year Built: 2019

Offered by

Tim Rasmussen

Assistant Vice President

SVN | Chicago Commercial

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Michael Elam

Associate Advisor

SVN | Chicago Commercial

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Description:

Premium commercial space available in this nearly fully leased 149-unit luxury apartment building constructed in 2019. The space allows for a multitude of uses including retail, office, medical office, fitness, café, restaurant (black iron ready), and many more. The high foot and vehicular traffic in the area are a great benefit to this space. Join the many co-tenants in the area including Target, Aldi, Jewel-Osco, PNC Bank, Bank of America, First Ascent, Uptown Taproom, Jimmy John's, Lucy's, Sonic, McDonald's, Dunkin', Wingstop, Subway, Stan's Donuts, and many more.

Uptown is located on the far north side of the City of Chicago and consists of several smaller neighborhoods including Argyle Street, Buena Park, Margate Park, and Sheridan Park. Uptown is serviced by the CTA Red and Purple Lines, 8 bus routes, Metra’s Union Pacific / North Line, and 10 major thoroughfares including Lake Shore Drive.

Uptown had a rich history as an entertainment district and that history is beginning to see a revival with various music venues, nightclubs, restaurants, and shops operating in the area. Some of the neighborhood landmarks include the Aragon Ballroom, Riviera Theater, Green Mill Cocktail Lounge, and the Uptown Theatre.

The immediate area benefits from high foot traffic and vehicular traffic with nearly 7,400 VPD on Sheridan Road and 10,400 VPD on Wilson Avenue. The site is situated east of Harry S Truman College which has a student enrollment of nearly 7,700 students and 200 faculty members. It is also located near the CTA Wilson station with more than 2,000,000 boardings annually. The station’s reconstruction project was completed in October 2017 and added a stop for the Purple Line in addition the existing Red Line stop.

New developments in the area continue to surface including Platform 4611 - a newly completed, 200-unit apartment building at the northeast corner of Wilson Avenue and Broadway, just west the site. Uptown continues to grow and thrive and the future only looks brighter for this neighborhood.