The Sheffield Collection 2 Multifamily Properties Offered at $12,500,000 in Chicago, IL
INVESTMENT HIGHLIGHTS
- Invest in The Sheffield Collection, a rare opportunity to acquire a newly constructed, stabilized luxury apartment portfolio in an A+ core location.
- Located in the heart of Chicago's East Lakeview neighborhood, walkable to Wrigley Field, the affluent Southport Corridor, and the stunning lakefront.
- Benefit from unmatched rental performance, exceptional tenant appeal, high occupancy with leases in place, and significant long-term value.
- Showcasing a diverse mix of 15 apartment units designed with open-concept layouts and beautiful kitchens with quartz countertops and custom cabinetry.
- Excellent public transit connection via multiple CTA train lines with the Belmont Station serving as a central hub for several L stops and bus routes.
- Premium, boutique multifamily assets in a vibrant, high-growth area, built to stand the test of time for unmatched investment security.
EXECUTIVE SUMMARY
The Sheffield Collection is a trophy multifamily acquisition opportunity featuring two newly constructed luxury apartment buildings in Chicago’s highly sought-after East Lakeview neighborhood. Completed in 2023 and 2024, this best-in-class portfolio comprises 15 units exemplifying modern design and lifestyle appeal. The portfolio boasts long-term investment potential, benefiting from an unrivaled blend of luxury, convenience, and a prime location.
Each building comprises a collection of high-end rental residential units with diverse bed/bath mixes, meticulously designed with open-concept layouts accentuated by abundant natural light. The chef-inspired kitchens feature quartz countertops, custom cabinetry, and premium stainless-steel appliances. Delivering elegance and livability in every unit, residences also feature contemporary stone baths with deluxe finishes, large, professionally organized closets for optimum storage, and in-unit laundry washers/dryers.
Expansive rooftop decks top off each property. The 3335 N Sheffield Avenue penthouse unit enjoys a private roof deck with direct in-unit stairwell access. All 3341 N Sheffield Avenue tenants can use a shared roof deck with stunning skyline views, offering a premium amenity for entertaining and relaxing. Tenants also enjoy the bike room for cycle storage and on-site parking options, with some units having attached garage spaces.
Situated in East Lakeview, The Sheffield Collection sits in one of Chicago’s most vibrant and established neighborhoods. These apartments are perfectly positioned within walking distance of iconic Wrigley Field, the affluent Southport Corridor, and Chicago’s scenic waterfront, encompassing a desirable live-work-play community. East Lakeview is served by multiple CTA train lines, with the Belmont Station acting as a central hub for several train and bus routes, providing seamless commutes around town. With a robust collection of restaurants, boutique shopping, nightlife, and transit options steps away, this location delivers an unmatched urban lifestyle experience.
Both apartment buildings exemplify high-occupancy rates with consistent in-place leases, including no vacancy in 3335 N Sheffield Avenue for two years, further demonstrating this portfolio's stability and investment attraction. With unparalleled rental performance, exceptional tenant appeal, and significant long-term value, The Sheffield Collection is a generational investment in one of Chicago’s most enduring and coveted submarkets.
Each building comprises a collection of high-end rental residential units with diverse bed/bath mixes, meticulously designed with open-concept layouts accentuated by abundant natural light. The chef-inspired kitchens feature quartz countertops, custom cabinetry, and premium stainless-steel appliances. Delivering elegance and livability in every unit, residences also feature contemporary stone baths with deluxe finishes, large, professionally organized closets for optimum storage, and in-unit laundry washers/dryers.
Expansive rooftop decks top off each property. The 3335 N Sheffield Avenue penthouse unit enjoys a private roof deck with direct in-unit stairwell access. All 3341 N Sheffield Avenue tenants can use a shared roof deck with stunning skyline views, offering a premium amenity for entertaining and relaxing. Tenants also enjoy the bike room for cycle storage and on-site parking options, with some units having attached garage spaces.
Situated in East Lakeview, The Sheffield Collection sits in one of Chicago’s most vibrant and established neighborhoods. These apartments are perfectly positioned within walking distance of iconic Wrigley Field, the affluent Southport Corridor, and Chicago’s scenic waterfront, encompassing a desirable live-work-play community. East Lakeview is served by multiple CTA train lines, with the Belmont Station acting as a central hub for several train and bus routes, providing seamless commutes around town. With a robust collection of restaurants, boutique shopping, nightlife, and transit options steps away, this location delivers an unmatched urban lifestyle experience.
Both apartment buildings exemplify high-occupancy rates with consistent in-place leases, including no vacancy in 3335 N Sheffield Avenue for two years, further demonstrating this portfolio's stability and investment attraction. With unparalleled rental performance, exceptional tenant appeal, and significant long-term value, The Sheffield Collection is a generational investment in one of Chicago’s most enduring and coveted submarkets.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $12,500,000 |
| Price / SF | $568.18 / SF |
| Cap Rate | 5.97% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 22,000 SF |
| Total Land Area | 0.25 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3335 N Sheffield Ave, Chicago, IL 60657 | Multifamily | 11,200 SF | 2023 | - |
| 3341 N Sheffield Ave, Chicago, IL 60657 | Multifamily | 10,800 SF | 2025 | - |
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SALE ADVISOR
SALE ADVISOR
Cyrus Seraj, Real Estate Broker / Team Lead
(773) 495-3303
Contact
Cyrus joined Compass in 2024. He was born and raised in Chicago and the Northwest suburbs, and spent much of his childhood alongside his father rehabbing apartment buildings and single family homes. Cyrus graduated with a Bachelor of Science from Loyola University Chicago and later attained a JD from Loyola’s School of Law with a focus in real estate. Coupled with over 20 years of commercial and residential sales, leasing and management experience alongside 10 years of experience as a loan originator and processor, he brings an “all-bases-covered” approach to his clients to insure the highest quality of representation.
