Cushman & Wakefield’s Investment Advisors is pleased to present 2954 North Sheffield Avenue (“the Property”), a 12,291-square-foot mixed-use investment opportunity in the dynamic Lakeview neighborhood of Chicago, Illinois. The Property is 100% occupied by medical and retail tenants, boasting below-market rents and a 3.6% 10-year CAGR. The Property sits on .16 AC just two blocks from the heavily trafficked intersection at Sheffield and Belmont Avenues (29,824 VPD). Additionally, the Property is also serviced by the Wellington CTA Stop across the street, which sees more than 440,000 annual riders.

The Property benefits greatly from its Lakeview neighborhood, where it experiences exceptional three-mile demographics of 103,178 residents and an average household income of $163,726. Less than one mile away is Wrigley Field, home of the Chicago Cubs, which saw 2.78 million visitors in 2023. Also located steps away is Advocate Masonic Medical Center, one of the state’s largest community teaching hospitals with 397 beds and 1,444 physicians. The Property is in an optimal live/work/play neighborhood in an area where medicine and retail prosper, serving as an excellent mixed-use, medical & retail investment opportunity acquisition for a new owner.