RM5-Zoned Transit-Oriented Development
New
For Sale
$1,100,000
Pending
3311 N Sheffield Avenue, Chicago, IL 60657
A 25-by-130-foot parcel includes existing frame structures designated for teardown and offers a 6,500-square-foot as-of-right building envelope plus basement.
Property SizeContact for details
Days on Market4
Property Features for 3311 N Sheffield Avenue
General Information
Standard status
Pending
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$31,857
Listing Agency:
JAMESON SOTHEBY'S INTL REALTY
(312) 751-0300
Listed By:
MICHAEL HULETT · License #475111996
(312) 867-2261
Source:
Corcoran
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:30AM
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 JAMESON SOTHEBY'S INTL REALTY
Investment Insights
Based on property information with market context.
This commercial land parcel measures 25 by 130 feet, totaling 3,250 square feet. Two frame structures, one at the front and one at the rear, remain on the lot and are designated for teardown. RM5 zoning permits a 6,500-square-foot build as of right, with a basement in addition to that area; the stated FAR is 2.0. The property is being sold in as-is condition.
The site is one block from a CTA Red Line stop on the Belmont Flyer section. New concrete tracks have been installed, and the tracks were relocated to the opposite side of the alley.
The site is one block from a CTA Red Line stop on the Belmont Flyer section. New concrete tracks have been installed, and the tracks were relocated to the opposite side of the alley.
Key Highlights
- RM5 zoning with FAR of 2.0
- 25 x 130‑foot lot totaling 3,250 SF
- 6,500 SF build as of right, plus basement
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,240
Businesses Nearby
Explore this area
Business Placement
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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Frequently Asked Questions
What type of property is this?
Commercial land - A 25-by-130-foot parcel includes existing frame structures designated for teardown and offers a 6,500-square-foot as-of-right building envelope plus basement.
Where is this commercial land located?
The property is located at 3311 N Sheffield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: RM5 zoning with FAR of 2.0; 25 x 130‑foot lot totaling 3,250 SF; 6,500 SF build as of right, plus basement
