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3215 N Sheffield Ave

$32/sqft/yr

3215 N Sheffield Ave, Chicago, IL 60657

Active
Last Updated: 06/16/2025

12,538 sqft

Building Size

0.22 acres

Lot Area

Details:
Building Size:    12,538 sqft
Lot Area:    0.22 acres
Class:    C
Units:    5
Year Built:    1963
Floors:    3
Description:

Fully built-out, second-generation restaurant opportunity located in Chicago’s vibrant Lakeview neighborhood, just steps from Wrigley Field. The space features exceptional existing infrastructure, including black iron ventilation, walk-in coolers, 1300A electrical service, an expansive kitchen with multiple hoods, and a folding accordion glass storefront spanning over 70 feet along Sheffield Avenue. Additional basement storage and on-site parking are also available.

With potential for al fresco dining and patio seating, the property is well-positioned to capitalize on high foot traffic and strong neighborhood demographics that include young professionals, families, and longtime residents. Surrounded by top-tier retailers such as Chipotle, Amazon Fresh, Target, Giordano’s, The Vic Theater, and more, this location benefits from high visibility and excellent transit access via the nearby CTA Belmont Station (Red, Brown, and Purple Lines) and multiple bus routes.

This is a rare opportunity to take over a fully equipped restaurant space in one of Chicago’s most dynamic submarkets.

Lakeview is a high-demand trade area on Chicago’s North Side, offering strong fundamentals for retail and restaurant leasing. With a dense residential population, consistent foot traffic, and easy access via multiple CTA lines, Lakeview provides exceptional exposure and a stable customer base. Anchored by Wrigley Field and stretching east to the lakefront, the neighborhood captures year-round activity, driven by a mix of long-time residents, young professionals, and visitors. Strong demographics and household incomes support a wide variety of retail and food & beverage uses, from quick-service concepts to upscale dining and experiential retail.

Retail corridors such as Southport, Broadway, Clark, and Belmont continue to attract a healthy mix of national tenants and local operators. The area’s walkability, transit connectivity, and vibrant streetscape make it an ideal location for brands seeking visibility in an established urban setting. Lakeview’s evolving retail landscape—particularly in Wrigleyville and along key intersections—offers leasing agents and property owners opportunities to reposition assets, attract best-in-class tenants, and capitalize on long-term neighborhood growth. It’s a proven, high-performing market with upside for the right retail strategy.

Map:
1 Space Available

3215 N Sheffield, Ground Street Retail

Available:
Immediately
Sublease:
No
SQFT
6,321
Lease Type:
Gross
Documents:
Title
3215 N Sheffield Leasing Brochure
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Location
Gallery