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Three-Building Flex Office Property
For Sale
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3233 N Sheffield Ave, Chicago, IL 60657

For-sale flex property with three office/industrial buildings totaling about 35,000 SF on four PINs, zoned B3-2 TOD.

Property Size35,000 SF
Lot Size0.64 Acres
Days on Market478

Property Features for 3233 N Sheffield Ave

General Information

Standard status Active
Size 35,000 SF
Lot size 0.64 Acres
Property subtype LAND
Zoning B3-2
Listing Agency: CBRE | Chicago
Listed By: Tom Svoboda
Source: Moodyscre
Added: Apr 10, 2025 Changed: Jul 25 Last Checked: Jul 30 at 2:15PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This for-sale property includes three office/industrial buildings totaling approximately 35,000 SF on a land footprint of about 28,136 SF. The offering is comprised of four PINs: 14-20-425-002, 003, 004, and 005.

The site is zoned B3-2 Community Shopping District and is TOD designated. The public remarks also note reduced parking requirements and bonus FAR availability. Located in Chicago’s Lakeview neighborhood, it sits just west of Clark Street and north of the Belmont CTA stop, within Ward 44 (Alderman Tom Tunney).

Key Highlights

  • Three office/industrial buildings totaling about 35,000 SF
  • Approximately 28,136 SF land footprint
  • Zoned B3‑2 Community Shopping District with TOD designation

Property Analytics

Current Use

Torstenson Glass Co Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Food Market Auto Parts Store (Bike/Boat/Book/etc) Store Auto Repair Shop Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

7,240
Businesses Nearby
Under-served
Demand for This Use

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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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  • Thai Classic Restaurant — 3332 N Clark St, Chicago, IL 60657

Frequently Asked Questions

What type of property is this?
Flex space - For-sale flex property with three office/industrial buildings totaling about 35,000 SF on four PINs, zoned B3-2 TOD.
Where is this flex space located?
The property is located at 3233 N Sheffield Ave Chicago, IL.
What are key features of this property?
This property features: Three office/industrial buildings totaling about 35,000 SF; Approximately 28,136 SF land footprint; Zoned B3‑2 Community Shopping District with TOD designation
(312) 935-1481 Call to check price and availability
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