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$2,300,000 Contingent

  • For Sale
  • Contingent
  • Commercial
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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.

Full Property Details for 7661 N Sheridan Rd

General

  • Price: $2,300,000
  • HOA FEE: $14,950
  • Taxes: $32,364 (2024)
  • Status: Contingent
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12588904
  • Updated: 3/19/2026
  • Added to Site: 25 day(s) ago

Location

  • Area: CHI - Rogers Park
  • County: Cook
  • Driving Directions: Property is located on the east side of Sheridan Rd. Just north of N Rogers Ave

Heating & Cooling

  • Heating Type: Gas, Radiators, Radiant

Utilities

  • Trash: 5144

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 4
  • Year Built: 1920
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 8,011
  • Lot Dimensions: 130 x 60
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $14,950
  • Insurance Fee: $10,019
  • Operating Expenses: $124,287
  • Other Fee: $17,301
  • Assessment Year: 1920
  • Tax Amount: $32,364
  • Tax Year: 2024
  • Pays Electric: 3005
  • Pays Trash: 5144

Disclosures and Reports

  • Property ID: 11291030070000

Listed by Horvath & Tremblay IL, LLC

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— 7661 N Sheridan Rd —

  • Horvath & Tremblay IL, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7661 N Sheridan Rd

School District:Chicago Public School District 299
NameGradesDistance
Gale Elementary Community Academy
1631 West Jonquil Terrace, Chicago, IL 60626
PK-80.3 mi
Sullivan High School, Chicago, IL
6631 North Bosworth Avenue, Chicago, IL 60626
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7661 N Sheridan Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2026
Listed
$2,300,000
55.09%
MLS
2/05/2020
Sold
$1,483,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7661 N Sheridan Rd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$24,632
3%
$116,745
—
2022
$24,012
2%
$116,745
—
2021
$23,476
39%
$116,745
54%
2020
$16,937
11%
$76,030
—
2019
$15,275
2%
$76,030
—
2018
$15,018
—
$76,030
9%
2017
$15,039
7%
$69,861
—
2016
$13,992
9%
$69,861
—
2015
$12,802
—
$69,861
1%
2014
$12,847
2%
$69,244
—
2013
$12,594
1%
$69,244
—
2012
$12,426
—
$69,244
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Horvath & Tremblay IL, LLC

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Listed by Dawn McKenna Group

7661 N Sheridan Road, Chicago, IL 60626 (MLS# 12588904) is a Commercial property. 7661 N Sheridan Road is currently listed for $2,300,000 and was received on March 10, 2026. Want to learn more about 7661 N Sheridan Road? Do you have questions about finding other Commercial real estate for sale in Rogers Park? You can browse all Rogers Park real estate or contact a Coldwell Banker agent to request more information.

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