7661 N Sheridan Rd

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by John Preston • Horvath & Tremblay IL, LLC
    P: (312)-548-6823 C: (312)-548-6823 jpreston@htapartments.com

Sold By Horvath & Tremblay IL, LLC

Property Details for 7661 North Sheridan Road

Area
CHI - Rogers Park
Zoning
MULTI
LISTING UPDATED: 05/15/2026 06:30 PM

Property Details for 7661 North Sheridan Road

StatusClosed
MLS #12588904
Days on Market9
Taxes$32,364 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1920
Lot Size0.18 AC / 8,011 SF
CountyCook County
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Building Information for 7661 North Sheridan Road

Stories4Residences23Year Built1920Building Size-Lot Size0.18 AC / 8,011 SF

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Property Information for 7661 North Sheridan Road

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas,Radiators,Radiant
  • Num of Baths: 23.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 130x60
  • Lot Size Square Feet: 8011.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 19
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 23
Income & Expenses
  • Electric Expense: $3,005.00
  • Fuel Expense: $15,453.00
  • Gross Income: $291,520.00
  • Gross Scheduled Income: $291,520.00
  • Insurance Expense: $10,019.00
  • Maintenance Expense: $14,950.00
  • Manager Expense: $13,847.00
  • Expense Year: 2025
  • Total Annual Expense Source: Combination
  • Janitor Expense: 3000
  • Other Expense Source: Combination
  • Total Monthly Income: 23290
  • Net Operating Income: $167,233.00
  • Operating Expense: $124,287.00
  • Other Expense: $17,301.00
  • Trash Expense: $5,144.00
  • Water Sewer Expense: $9,204.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 11
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 4
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7661 North Sheridan Road

DateEvent & SourcePriceAppreciation
May 15, 2026

Sold

MRED #12588904

$1,995,000
Apr 13, 2026

Sold (Public Record)

Public Record #1940194698

$1,995,000
Apr 13, 2026

Sold (Public Record)

Public Record #1939231008

$1,995,000
DateEvent & SourcePrice
05/15/2026

Sold

MRED #12588904

$1,995,000
04/13/2026

Sold (Public Record)

Public Record #1940194698

$1,995,000
04/13/2026

Sold (Public Record)

Public Record #1939231008

$1,995,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7661 North Sheridan Road

Taxable ValueLand$22,030Additions$202,970Total$225,000
Tax Record2023$24,632 ($2,053 / month)
Home Facts
Stories3Lot Size8,011 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyCOOKAPN11-29-103-007

Schools near 7661 North Sheridan Road

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 6 to 12
Charter - K to 12
Rating
School
Distance
Gale Elementary Community Academy
PublicPK to 8

Sullivan High School
Public9 to 12

Chicago Math & Sci Elementary Charter
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay IL, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/15/2026 06:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.