Properties

Address Map
US
IL
Cook
Chicago
60657
Sheffield
3325
Avenue
W88° 20' 46''
N41° 56' 33''
From Lake Shore Drive, exit at Belmont Ave heading west. Continue on Belmont Ave to Sheffield Ave. Turn right (north) on Sheffield Ave. Proceed to 3325 N Sheffield Ave, located on the right.
CHI - Lake View
CHI - Lake View
N
N
Additional Information
.07
5
5
3
Marcus & Millichap Chicago Apartment Brokers
Stephen Rachman
Financial
23383
Listing Information
122300
87342
MRED
Listing Information
Active
2025-03-05T06:54:04Z
2025-03-05T06:53:41Z
Property Description

Located in a prime east Lakeview location, the property is almost equidistant between the Belmont and Addison stops on the “L”. The building contains five legally conforming apartments configured as four 3 bedroom, 2 bathroom units and one 2 bedroom, 1 bathroom apartment. Built from the ground up in 1999, the building has benefitted from numerous capital improvement since its construction. In the past 5-10 years, all the windows have been replaced, the roof was replaced and the rear porch structure is also new. 4 of the 5 tenants or M-T-M with all rents being well below market, allowing a new investor to come in and move rents to market within 90 days. The “L” improvement project is nearly complete as well. The last step is to repave and widen the alley, This work is scheduled to be finished prior to opening day (April 4th).

Commercial Sale For Sale

3325 N Sheffield Avenue, Chicago, Illinois 60657

$2,400,000
Listing ID#12299364
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12299364
Price : $2,400,000
Year Built : 1997
Listing Status : Active
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