Lakeview Restaurant Space Near
For Lease
$32 SF/Yr
3215 N Sheffield Ave, Chicago, IL 60657
Fully built-out restaurant space in Chicago's vibrant Lakeview neighborhood.
Space Size6,321 SF
Property Size11,970 SF
Days on Market248
Property Features for 3215 N Sheffield Ave
General Information
Standard status
Active
Size
6,321 SF
Property subtype
Mixed-Use
Lease Term
NNN
Building Details
Building Size
11,970 SF
Spaces For Lease
at 3215 N Sheffield Ave
3215 N Sheffield
$32/SF/Yr
Size
6,321 SF
Type
Restaurant
Term
Negotiable
Listing Agency:
SVN Commercial Partners
Listed By:
Scott R. Maesel · License #BK3436826
(312) 676-1860
Source:
Svnchicago
Added: Jan 27
Changed: Sep 17
Last Checked: Oct 1 at 9:19AM
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 SVN Commercial Partners
Investment Insights
Based on property information with market context.
This fully built-out, second-generation restaurant is located in Chicago’s Lakeview neighborhood, near Wrigley Field. The space includes existing infrastructure, such as black iron ventilation, walk-in coolers, and 1300A electrical service. It features 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 available. The property has al fresco dining potential with patio seating. The location benefits from high foot traffic and neighborhood demographics that include young professionals, families, and longtime residents. Retailers in the area include Chipotle, Amazon Fresh, Target, Giordano’s, and The Vic Theater. The property has transit access via the nearby CTA Belmont Station (Red, Brown, and Purple Lines) and multiple bus routes. Lakeview offers fundamentals for retail and restaurant leasing, with a dense residential population, foot traffic, and access via CTA lines. The neighborhood captures year-round activity, driven by residents, young professionals, and visitors. The area’s walkability, transit connectivity, and streetscape make it an ideal location for brands seeking visibility. The property size is 12538 square feet.
Key Highlights
- Fully built‑out, second‑generation restaurant space with existing infrastructure: black iron ventilation, walk‑in coolers, 1300A electrical service, and an expansive kitchen with multiple hoods.
- Prime location in Chicago's Lakeview neighborhood, steps from Wrigley Field, with high foot traffic and strong demographics.
- Folding accordion glass storefront spanning over 70 feet along Sheffield Avenue, offering al fresco potential and patio seating opportunities.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,240
Businesses Nearby
246k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 37%
Groceries 11%
Home Improvements & Furnishings 3%
Binny's Beverage Depot
Groceries
26,649 visits/mo
0.4 miles
Shell
Shops & Services
21,286 visits/mo
0.4 miles
Chick-fil-A
Dining
19,353 visits/mo
0.3 miles
Fifth Third Bank & ATM
Shops & Services
17,071 visits/mo
0.2 miles
Chase Bank
Shops & Services
10,982 visits/mo
0.3 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$33.67 /SF/Yr
Avg Asking Price
$16–$88 /SF/Yr
Price Range
14,214 SF
Avg Space Size
This space is priced 5% below the average of $33.67 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
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- Le Personal Chef — 3450 N Lake Shore Dr #415, Chicago, IL 60657
Frequently Asked Questions
What type of property is this?
Restaurant - Fully built-out restaurant space in Chicago's vibrant Lakeview neighborhood.
Where is this restaurant located?
The property is located at 3215 N Sheffield Ave Chicago, IL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Fully built‑out, second‑generation restaurant space with existing infrastructure: black iron ventilation, walk‑in coolers, 1300A electrical service, and an expansive kitchen with multiple hoods.; Prime location in Chicago's Lakeview neighborhood, steps from Wrigley Field, with high foot traffic and strong demographics.; Folding accordion glass storefront spanning over 70 feet along Sheffield Avenue, offering al fresco potential and patio seating opportunities.
