2950 N Sheffield Avenue, Chicago, IL 60657 - Photo 1

1/1

$1,300,000

Sold
Closed
Commercial
Updated 2 hours ago

1/1

Property Description

4 unit residential rentals with rent roll of $119,400 without the storefront. With the development of the Masonic hospital as well as the DePaul and residential community, this is a prime spot for retail or office and has great access to high foot traffic and visibility. The building will need work and some improvement but the residential units are occupied and could be greatly increased with upgrades. Adjacent to restaurants, South Loop market, and Masonic hospital. Less than a block from the brown line EL train. Storefront has a full basement and restroom. Large storage area in rear coach house and laundry room. New gas meters were just installed on the main front building by People's Gas.

Full Property Details

Full Property Details for 2950 N Sheffield Ave

General

Sold For: $1,300,000
Taxes: $22,618 (2022)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12458718
Added to Site: 140 day(s) ago

Interior

Fireplace: Yes

Additional Information

Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)

Location

Area: CHI - Lake View
County: Cook
Driving Directions: 94 to Diversey exit East to Sheffield then turn North to 2950 Sheffield
Location Details: Chicago North

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air

Structural Information

Stories/Levels: 3
# of Stores: 1
Year Built: 1900
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 4
Units w/Range/Oven: 4
# Dryers: 2

Lot Features

Lot Size (Sq. Ft.): 3,125
Lot Dimensions: 3125

Financial Considerations

Lease Price: $23
Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Assessment Year: 1900
Tax Amount: $22,618
Tax Year: 2022
Tenant Pays: Air Conditioning, Heat

Disclosures and Reports

Property ID: 14292160310000

Listed by Westward360 RM
Sold by Petersen Realtors

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— 2950 N Sheffield Ave —

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Schools

Schools serving 2950 N Sheffield Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Harriet Tubman Elementary School 2851 North Seminary Avenue, Chicago, IL 60657	PK-8	0.2 mi
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2950 N Sheffield Ave

Date

Details

Price

Change

Source

10/30/2025

Sold

$1,300,000

0.39%

MLS

8/29/2025

Listed

$1,295,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
Closed

5
Beds
4
Total Baths
2,950
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Condo
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2
Beds
3
Total Baths
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Sq. Ft.

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Beds
3
Total Baths
2,700
Sq. Ft.

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Condo
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Beds
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Total Baths
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2950 N Sheffield Avenue, Chicago, IL 60657 (MLS# 12458718) is a Commercial property that was sold at $1,300,000 on October 30, 2025. Want to learn more about 2950 N Sheffield Avenue? Do you have questions about finding other Commercial real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

2950 N Sheffield Ave Chicago, IL 60657