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2954-2958 N Sheffield Ave 1,208 SF of Retail Space Available in Chicago, IL 60657
Highlights
- Prime hard-corner location at Sheffield & Wellington with strong visibility
- 12’ commercial hood and 200-amp 3-phase electrical service
- Extra-wide sidewalk frontage ideal for outdoor dining
- Fully built-out second-generation restaurant with existing kitchen equipment
- Walk-in cooler, fryers, flat-top grill, and dining room furniture included
- ADA-compliant space with two accessible restrooms suitable for a variety of restaurant concepts
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Restaurant | 1,208 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste Restaurant
SVN Chicago Commercial is pleased to present an exceptional second-generation restaurant opportunity located at the highly visible corner of Sheffield and Wellington. This prominent corner location features a fully equipped restaurant space including a 12’ hood, 200-amp 3-phase electrical service, walk-in cooler, fryers, flat-top grill, and dining room furniture. An extra-wide sidewalk along the Wellington frontage provides excellent potential for outdoor dining. The space is fully ADA-compliant and includes two accessible restrooms. The existing layout and infrastructure make the restaurant easily adaptable for a wide range of concepts, including QSR, fast-casual, and full-service dining. Lease rate negotiable.
- Fully Built-Out as a Restaurant or Café Space
- 2nd gen restaurant
- Fully builtout
- Prime hard-corner
- 12’ commercial hood & 200-amp 3-phase electrical
- Walk-in cooler, fryers, flat-top grill
- Dining room furniture included
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 2954-2958 N Sheffield Ave, Chicago, IL 60657
- Tenant
- Description
- US Locations
- Reach
- 3rd Coast Fish Bar
- Restaurant
- 2
- Local
- DMK Burger Bar
- Restaurant
- 3
- Regional
- Grainne & Mckeown & Stephen Bonzak
- -
- 1
- -
- Mary Pat Finley Acupuncture
- Health Care
- 1
- -
- Pure Dental Spa
- -
- 1
- -
- UroPartners
- MD/DDS
- 34
- Local
| Tenant | Description | US Locations | Reach |
| 3rd Coast Fish Bar | Restaurant | 2 | Local |
| DMK Burger Bar | Restaurant | 3 | Regional |
| Grainne & Mckeown & Stephen Bonzak | - | 1 | - |
| Mary Pat Finley Acupuncture | Health Care | 1 | - |
| Pure Dental Spa | - | 1 | - |
| UroPartners | MD/DDS | 34 | Local |
Property Facts
| Total Space Available | 1,208 SF | Gross Leasable Area | 12,291 SF |
| Property Type | Retail | Year Built | 1938 |
| Property Subtype | Storefront |
| Total Space Available | 1,208 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,291 SF |
| Year Built | 1938 |
About the Property
Located at 2956 N Sheffield in the heart of Chicago’s vibrant Lakeview neighborhood, this corner 2nd generation restaurant benefits from exceptional visibility and steady foot traffic. Positioned just steps from the Southport Corridor and a short walk to Chicago Cubs games at Wrigley Field, the location captures year-round activity from residents, visitors, and sports fans alike. Nearby demand generators include Advocate Illinois Masonic Medical Center, a major regional employer drawing thousands of employees, patients, and visitors daily, is directly across the street. Within a ½-mile radius, the area features a dense population base of 24,000 and household incomes above $205,000. Proximity to DePaul University further supports steady daytime and evening traffic. Strong public transit access via the Wellington CTA Brown station and Red Lines enhances accessibility, making this an ideal high-exposure location for a thriving restaurant concept.
- Restaurant
Nearby Major Retailers
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2954-2958 N Sheffield Ave
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