3327 N. Sheffield Ave. Chicago, IL 60657
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Essex Realty Group, Inc. has been exclusively engaged to market for sale 3327 N. Sheffield Ave., a 4-unit multi-family property in the Wrigleyville neighborhood of Chicago. The subject property offers an attractive unit mix with large apartment layouts and includes three (3) exterior tandem spaces. Additionally, the property is situated steps from Wrigley Field, thriving restaurants and bars on Clark Street, and Belmont CTA station.

The building consists of one (1) 2 Bd/1 Ba garden unit, two (2) 3 Bd/2 Ba units and one (1) 3 Bd/2 Ba penthouse unit. Each unit features open floorplans, oversized bedrooms, tall ceilings, gas fireplaces and in-unit laundry in all 3-bed units. Three (3) of the units have recently been rehabbed with refinished hardwood floors, quartz countertops, stainless steel appliances, subway tile backsplashes and skylights in the penthouse unit.

The subject property offers an investor the opportunity to acquire a well-performing asset with significant rental upside. A new owner has the opportunity to increase rents as current rents are substantially below the market. By raising rents as-is or adding minor cosmetic updates to the non-rehabbed unit, new ownership may be able to increase rents by $213 (a 9% increase).


Lakeview is one of the most prominent areas in Chicago, located north of the Loop and bordering Lake Michigan. Its proximity to the City’s central business district combined with convenient access to public transportation has led to substantial residential and retail growth, which have been the driving forces in transforming the neighborhood into one of the foremost places to live in Chicago. Home to the Chicago Cubs and Wrigley Field, the country’s second oldest ballpark, the neighborhood is filled with restaurants, boutiques and small businesses making up the majority of tenants along retail corridors with major national tenants consistently moving in each year.

The subject property sits on Sheffield Avenue, directly off of Roscoe Street, two popular streets full of local charm featuring a wide variety of boutiques, salons & spas, and trendy restaurants & bars. The property is also conveniently located steps from the Belmont CTA Station, and in close proximity to numerous bus stops and Divvy bike stations.

  • Prime Wrigleyville Location
  • Spacious Unit Mix of 2-Bed and 3-Bed Layouts
  • Great for Investors and/or Live-In Owners
  • Three (3) Units Have Been Recently Updated
  • Current Rents Approximately 9% Below Market
  • Steps from Wrigley Field and Southport Corridor
  • Walking distance to Belmont CTA Station
Managing Director