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    3141 N Sheffield Ave Chicago, IL 60657

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    For Lease
    Contact for pricing

    4,750 SF retail space near Belmont El stop.

    Property size:
    4,750 SF
    Lot size:
    0.34 Acres

    Property Features for 3141 N Sheffield Ave

    General Information

    Size
    4,750 SF
    Lot size
    0.34 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Paul Bryant

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Vic Theater

    Approximately 4,750 square feet of retail space is available immediately. The existing building has been converted into market-rate apartments. The property is located next to The Vic Theater and is in close proximity to the Belmont El stop, which serves over 15,000 riders per week.
    Location Intelligence

    Current Use by Public Records

    BJB Properties - 3141 ... Apartment Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6537355
    Latitude
    41.9391963

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    FAQs

    What type of property is this?
    Retail space - 4,750 SF retail space near Belmont El stop.
    Where is this retail space located?
    The property is located at 3141 N Sheffield Ave Chicago, IL.
    What are key features of this property?
    This property features: - Approximately 4,750 square feet available immediately; - Close proximity to Belmont El stop (over 15,000 riders per week); - Right next to The Vic Theater
    (630) 954-7327
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    3141 N Sheffield Ave Chicago, IL 60657
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    Chicago, IL 60657
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3141 N Sheffield Ave Chicago, IL 60657
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