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Renovated Loft Office Unit
For Lease
$22.19 SF/Yr

A-3404 Sheffield Ave, Chicago, IL 60642

Open-plan workspace with round-the-clock access, a private restroom, and street-level window signage availability.

Space Size645 SF
Days on Market384

Property Features for A-3404 Sheffield Ave

General Information

Standard status Active
Size 645 SF
Net Rentable 645 SF

Space & Availability

Available Space 645 SF
Contiguous Space 645 SF
Floor Lower Level
Space Use Office

Additional Details

Public Transit Yes

Amenities

24/7 access
intercom system
private restroom
window signage area
Listing Agency: Tiamar Real Estate, Inc.
Listed By: Tiago Pappas
Source: Exprealty
Added: Aug 15, 2025 Changed: Aug 31 Last Checked: Sep 1 at 11:33PM

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 Tiamar Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 645 SF office unit occupies the lower level of a building and features a newly renovated, open-plan loft layout. The space includes a private restroom, intercom system, and 24/7 access, supporting flexible daily use for a small business or private office operation.

The property sits at the intersection of Clark, Sheffield, and Newport in Chicago, near Wrigley Field and related surrounding development. The Addison CTA Red Line station is also within close walking distance. A designated street-level window area is available for tenant signage, adding visibility from the surrounding streets.

Key Highlights

  • 645 SF newly renovated loft office with open layout
  • Lower‑level office unit with private restroom
  • 24/7 access and intercom system

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Garden Center Accounting Firm

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

NNN (Triple Net)
Lease Type
$3.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,536
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.6 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,766 SF
Avg Space Size

This space is priced 25% below the average of $29.6 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace with round-the-clock access, a private restroom, and street-level window signage availability.
Where is this office units located?
The property is located at A-3404 Sheffield Ave Chicago, IL.
What is the lease rate?
The lease rate is $22.19 SF/Yr.
What are key features of this property?
This property features: 645 SF newly renovated loft office with open layout; Lower‑level office unit with private restroom; 24/7 access and intercom system
More about this property
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