3215 N Sheffield Ave, Chicago, IL, 60657

3215 N Sheffield Ave Chicago, IL 60657

3215 N Sheffield Ave, Chicago, IL, 60657
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FOR LEASE
Property Type:
Restaurant
Amount:
Please Call Broker for Price

Last Verified:
Oct 15, 2025

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Highlights

  • Fully built-out, 2nd generation restaurant space near Wrigley Field in Lakeview.
  • Phenomenal existing conditions with in-place black iron, walk-in coolers, 1300A electrical service, expansive kitchen area with multiple hoods, folding accordion glass storefront, over 70’ of Sheffield Avenue frontage and additional basement storage.
  • Notable sub-market retailers include Chipotle, Amazon Fresh, Giordano’s, Target, The Vic Theater, Dentologie, Chicago Bagel Authority, and barre3.
  • Al fresco potential with operable accordion glass storefront and the opportunity for outdoor patio seating.
  • Strong neighborhood demographics with a mix of young professionals, families, and longtime neighborhood residents.
  • On-site parking available.
  • Excellent transit access just steps from CTA Belmont Station (Red, Brown, & Purple Lines) and multiple bus routes.

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.


Year Built: 1963
Building Size: 12538sq ft
Building Class: C
Lot Size: 0.22 acres


Documents

3215 N Sheffield Leasing Brochure

Units for Lease

3215 N Sheffield
Space Available: 6321 SF
Lease Type: NNN

Price Per Sqft/Year: $32.00


Map of 3215 N Sheffield Ave, Chicago, IL, 60657

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.