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2954-2958 N Sheffield Ave
Chicago, IL 60657 Lakeview

Rate Upon Request

Storefront For Lease  •  2,938 SF

Property Details

  • Property Type Storefront
  • Year Built 1938
  • Total Building Size 13,562 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning B3-2
90 Transit Score
100 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Restaurant Retail 2,938 SF Rate Upon Request 
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 basement storage, a manager's office, additional refrigeration, a 16’ hood, 400+amp 3-phase electrical service, a walk-in cooler, a variety of reach-in coolers, prep tables, fryers, flat-top grills, a dishwashing hood, bar sinks and refrigeration, and dining room furniture. 100-person seating based on current configuration. 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.
Contact brokers for lease rate.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description 

Located at 2954 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, which 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.

Highlights

Prime location at Sheffield & Wellington with strong visibility
Fully built-out second-generation restaurant with existing kitchen equipment
16’ commercial hood and 400-amp 3-phase electrical service
Walk-in coolers, fryers, flat-top grill, and dining room furniture included
Basement for storage, manager's office, and refrigeration
ADA-compliant space with two accessible restrooms suitable for a variety of restaurant concepts

Amenities

  • Restaurant

Major Tenants

Tenant SF Occupied Lease End Date
Grainne & Mckeown & Stephen Bonzak
Mary Pat Finley Acupuncture
Pure Dental Spa
UroPartners
Wellington Couseling Group

Public Transportation

Commuter RailDriveWalkDistance
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.1 mi
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.9 mi
Transit/SubwayDriveWalkDistance
Wellington Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 0 min 1 min 0.1 mi
Belmont Station (Brown, Purple, Red Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"), Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 6 min 0.3 mi
Diversey Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 6 min 0.3 mi
Addison Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 16 min 0.8 mi
Southport Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Chicago Midway International 25 min - 14.2 mi
Chicago O'Hare International 25 min - 14.6 mi
Alexis Roberts 312-756-7896 SVN | Chicago Commercial
Alexis Roberts 312-756-7896 SVN | Chicago Commercial