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Two-Building Multifamily Asset
For Sale
Contact for pricing
Pending

2842 N Sheffield Ave, Chicago, IL 60657

Two adjacent walk-up buildings offer 11 apartments with in-unit laundry and dedicated HVAC.

Property SizeContact for details
Days on Market122

Property Features for 2842 N Sheffield Ave

General Information

Standard status Pending
Total Parking Spaces 6
Property subtype Multifamily

Additional Details

Multifamily Units 11

Amenities

in-unit laundry
courtyard with fire pit

Building Details

Year Renovated 2017
Tenancy Multi
Listing Agency: Kiser Group
Listed By: Jacob Parker · License #IL 475172661
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group

Investment Insights

Based on property information with market context.

This offering includes two adjacent multifamily buildings: 2842 N Sheffield Ave and 2844 N Sheffield Ave. The 2842 building is a 6-unit greystone walk-up with six 2-bedroom, 1-bath apartments. The 2844 building is a 5-unit frame walk-up with a coach house, featuring three 1-bedroom, 1-bath apartments and two 2-bedroom, 1-bath apartments.

All units include in-unit laundry and their own HVAC. Kitchens feature granite countertops, stainless steel appliances, new cabinets and fixtures, and hardwoods throughout, with bathroom updates completed in 2017.

The property includes six parking spaces located in the rear of the buildings and a courtyard with a fire pit. The buildings are presented as well maintained.

Key Highlights

  • Two adjacent Lakeview walk‑up buildings: 2842 N Sheffield Ave (6 units) and 2844 N Sheffield Ave (5 units), totaling 11 apartments
  • Unit mix: 2842 offers six 2BR/1BA apartments; 2844 offers three 1BR/1BA and two 2BR/1BA apartments
  • All units feature granite countertops, stainless steel appliances, new cabinets and fixtures, hardwood flooring, and updated bathrooms completed in 2017

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Law Firm Grocery & Convenience Store Home Appliance Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,957
Businesses Nearby

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent walk-up buildings offer 11 apartments with in-unit laundry and dedicated HVAC.
Where is this apartment building located?
The property is located at 2842 N Sheffield Ave Chicago, IL.
What are key features of this property?
This property features: Two adjacent Lakeview walk‑up buildings: 2842 N Sheffield Ave (6 units) and 2844 N Sheffield Ave (5 units), totaling 11 apartments; Unit mix: 2842 offers six 2BR/1BA apartments; 2844 offers three 1BR/1BA and two 2BR/1BA apartments; All units feature granite countertops, stainless steel appliances, new cabinets and fixtures, hardwood flooring, and updated bathrooms completed in 2017
More about this property
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