CROSS STREETS: SHEFFIELD & ROSCOE
3356-58 N. SHEFFIELD AVE.
THE LORD COMPANIES, L.L.C.
|1030 North Clark Street, Suite 300, Chicago, Illinois, 60610, Phone: 312.944.6270, Fax: 312.944.3759
Commercial Space: High profile corner bar/restaurant space (former Redmond’s Ale House) on the 1st floor of 3-
story mixed-use apartment building with 5 apartments above.
• ~2,500 SF on main floor with licensed seating capacity of 100 plus full basement with coolers, storage and
• ~700 SF sidewalk café seating area licensed for up to 72 seats
• 100’ of frontage around the corner of Sheffield & Roscoe with large front windows and exterior signage available on
• 13’ ceilings on main floor, 6-7’ in lower level
• Fully fixtured kitchen with 16’ hood
• 2 large walk-in coolers in lower level
Location: This site is located on the southwest corner of Sheffield Avenue and Roscoe Street in the heart of
Lakeview and at the south end of the bustling Wrigleyville restaurant/bar/entertainment district. It is 0.25 mile
from Wrigley Field and either the Belmont or Addison CTA stations. It is surrounded by numerous bars, restaurants
and specialty retailers. There is a private parking lot behind this building as well as extensive metered street parking
on Sheffield, Roscoe and Clark St.
Traffic Counts: ~9,000 vehicles per day (VPD) on Sheffield Avenue + 13,200 VPD on Clark Street
Demographics: (2020) 1.0-mi. 3.0-mi.
Zoning: B3 (Community Shopping District), 44th Ward (Ald. Tom Tunney)
Lease Rate: $36–$40/SF ($7,500–$8,300/month), NNN [Negotiable subject to tenant credit and lease term]
Pass-through Expenses: Tenant is responsible for 1/3 of the property’s real estate taxes, building insurance and
common area maintenance (CAM) expenses plus 70% of the building’s water bills which come to approx. $6.80/SF
($1,400/mo.). Tenants are also responsible for their own separately metered gas and electric utilities.
Potential Sale: Property could also be available for sale including apartments above. Please inquire for confidential
pricing and pro forma.
Average Household Income
Median Household Income
Median Home Value
Total Specified Consumer Spending ($000)
(Redmond’s Ale House)