Your email has been sent.
3130-3144 N Sheffield Ave - 100% Occupied Retail Condo 7,113 SF Retail Condo Unit Offered at $4,236,960 CAD in Chicago, IL 60657
Investment Highlights
- Rare opportunity to acquire an investment asset in a prime Chicago location, supported by a dense urban setting with 1,040,787 residents
- Both Yoga Box and Chiro One are operating under a NNN lease structure
- Additionally, the Property benefits from an average household income of $200,906 within a 5-minute walk. (
Executive Summary
Lakeview is one of Chicago’s premier neighborhood retail markets, anchored by dense residential population, high daily foot traffic, and multiple CTA rail lines. The area’s core corridors—Belmont, Halsted, Clark, and Broadway—support a strong mix of national brands, independent operators, restaurants, and service-oriented retail driven by a walkable, transit-oriented customer base. Proximity to Wrigley Field and Lake Michigan further enhances year-round activity, making Lakeview a proven, high-performing location for neighborhood and experiential retail.
1 Unit Available
Unit 3132-3144
| Unit Size | 7,113 SF | Sale Type | Investment |
| Price | $4,236,960 CAD | Cap Rate | 7.50% |
| Price Per SF | $595.66 CAD | NOI | $317,772.01 CAD |
| Condo Use | Retail |
| Unit Size | 7,113 SF |
| Price | $4,236,960 CAD |
| Price Per SF | $595.66 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| NOI | $317,772.01 CAD |
Description
The Property consists of approximately ± 7,113 SF of retail condo space along North Sheffield Avenue. The space is fully occupied by Yoga Box and Chiro One Chiropractic & Wellness Centers, two established wellness tenants. Chiro One has occupied this space since 2010 and the greater condo development includes 51 residential units providing additional built-in visitor traffic.
Sale Notes
Both Yoga Box and Chiro One are operating under a NNN lease structure, leaving minimal responsibilities to the Landlord. Additionally, the Property benefits from annual rental increases from both tenants, providing increasing returns and an effective hedge against inflation.
Property Facts
| Total Building Size | 99,510 SF | Typical Floor Size | 19,902 SF |
| Property Type | Multifamily (Condo) | Year Built | 2003 |
| Property Subtype | Apartment | Lot Size | 0.63 AC |
| Building Class | B | Parking Ratio | 2.01/1,000 SF |
| Floors | 6 | ||
| Zoning | PD 775 | ||
| Total Building Size | 99,510 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 19,902 SF |
| Year Built | 2003 |
| Lot Size | 0.63 AC |
| Parking Ratio | 2.01/1,000 SF |
| Zoning | PD 775 |
Amenities
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 104 | - | - |
Presented by
3130-3144 N Sheffield Ave - 100% Occupied Retail Condo
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.