NOT LISTED FOR SALE

7661 N Sheridan Rd Chicago, IL 60626

Rogers Park Neighborhood
-- Beds
-- Baths
-- Sq Ft
8,011 Sq Ft Lot

Sale Details

Date Sold: May 15, 2026

Last sale price $1,995,000

8 Days on Market

About This Home

As of May 2026

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.

Last Agent to Sell the Property

John Preston

Horvath & Tremblay IL, LLC License #475188524 Listed on: 03/10/2026

Last Buyer's Agent

John Preston

Horvath & Tremblay IL, LLC License #475188524 Listed on: 03/10/2026

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,364

Year Built

  • Built in 1920

Lot Details

  • 8,011 Sq Ft Lot
  • Lot Dimensions are 130x60

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Exterior Basement Entry

Utilities

  • Radiator
  • Heating System Uses Gas
  • Radiant Heating System

Community Details

Overview

  • 23 Units

Building Details

  • Electric Expense $3,005
  • Fuel Expense $15,453
  • Insurance Expense $10,019
  • Maintenance Expense $14,950
  • Manager Expense $13,847
  • Other Expense $17,301
  • Trash Expense $5,144
  • Water Sewer Expense $9,204
  • Operating Expense $124,287
  • Gross Income $291,520
  • Net Operating Income $167,233

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,364

Year Built

Built in 1920

Lot Details

8,011 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 4
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Gas,Radiators,Radiant

Condo/Co-op/Association

  • Manager Expense: 13847

Fee Information

  • Trash Expense: 5144
  • Water Sewer Expenses: 9204
  • Operating Expense Includes: Maintenance,Maintenance Grounds,Manager,New Tax,Professional Management,Snow Removal,Supplies,Trash,Utilities,Vacancy Allowance,Water/Sewer,Electricity,Gas,Real Estate Tax,Hot Water

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 130x60
  • Lot Size Sq Ft: 8011
  • Zoning: MULTI

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 167233
  • Fuel Expense: 15453
  • Insurance Expense: 10019
  • ElectricExpense: 3005
  • GrossIncome: 291520
  • Maintenance Expense: 14950
  • NumberOfUnitsTotal: 23
  • OperatingExpense: 124287
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 32364
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2026
Closed on
Apr 13, 2026
Sold by
7661 N Sheridan Chicago Investors Llc
Bought by
Seller's Agent
John Preston
Horvath & Tremblay IL, LLC
Buyer's Agent
John Preston
Horvath & Tremblay IL, LLC
List Price
$2,300,000
Sold Price
$1,995,000
Premium/Discount to List
-$305,000
-13.26%
Views
9

Purchase Details

Closed on
Feb 5, 2020
Sold by
Crow Merwin R and The Merwin R Crow Living Trust
Bought by
7661 N Sheridan Chicago Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,262,710
Interest Rate
3.72%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Rogers Park, IL

  • Jose Hernandez Real Estate Agent - Keller Williams Experience

    Jose Hernandez

    Keller Williams Experience

    (224) 505-2360

    41 Total Sales

    1 in Rogers Park

    $230,000 Price

    Jose Hernandez
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  • Karen Streelman Real Estate Agent - eXp Realty

    Karen Streelman

    eXp Realty

    (815) 393-1156

    71 Total Sales

    1 in Rogers Park

    $320,000 Price

    Karen Streelman
     Section Image
  • Christopher Engelmann Real Estate Agent - Keller Williams ONEChicago

    Christopher Engelmann

    Keller Williams ONEChicago

    (855) 908-6042

    166 Total Sales

    6 in Rogers Park

    $189K - $417K Price Range

    Christopher Engelmann
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  • Liliana Carpio Real Estate Agent - Century 21 Universal

    Liliana Carpio

    Century 21 Universal

    (844) 277-9891

    21 Total Sales

    2 in Rogers Park

    $315K - $450K Price Range

    Liliana Carpio
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  • Isabel Machado-Quinones Real Estate Agent - Coldwell Banker Realty

    Isabel Machado-Quinones

    Responds Quickly

    Coldwell Banker Realty

    (844) 623-4576

    6 Total Sales

    2 in Rogers Park

    $135K - $201K Price Range

    Isabel Machado-Quinones
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  • Erin Seabury Real Estate Agent - Jameson Sotheby's International Realty

    Erin Seabury

    Jameson Sotheby's International Realty

    (224) 313-4489

    9 Total Sales

    1 in Rogers Park

    $155,000 Price

    Erin Seabury
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,995,000 First American Title
7661 N Sheridan Chicago Investors Llc $1,483,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,550,000
Previous Owner 7661 N Sheridan Chicago Investors Llc $1,262,710
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Sold $1,995,000 -13.3% --
03/18/2026 03/18/26 Pending -- -- --
03/10/2026 03/10/26 For Sale $2,300,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,364 $161,089 $22,030 $139,059
2024 $24,632 $161,089 $22,030 $139,059
2023 $24,012 $116,746 $13,418 $103,328
2022 $24,012 $116,746 $13,418 $103,328
2021 $23,476 $116,745 $13,418 $103,327
2020 $16,937 $76,030 $13,418 $62,612
2019 $15,275 $76,030 $13,418 $62,612
2018 $15,019 $76,030 $13,418 $62,612
2017 $15,039 $69,861 $12,216 $57,645
2016 $13,992 $69,861 $12,216 $57,645
2015 $12,802 $69,861 $12,216 $57,645
2014 $12,847 $69,244 $12,216 $57,028
2013 $12,594 $69,244 $12,216 $57,028
Source: Public Records

Agents Affiliated with this Home

  • John Preston Real Estate Agent - Horvath & Tremblay IL, LLC

    Seller's Agent in 2026

    John Preston

    Horvath & Tremblay IL, LLC

    (312) 533-8899

    3 in this area

    37 Total Sales

    John Preston
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12588904

Midwest Real Estate Data (MRED)

APN: 11291030070000

Illinois Cook County Chicago 60626 Rogers Park

7661 N Sheridan Rd, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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