Homes for sale - 3542 N Halsted Street, Chicago, IL 60657

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Michael Scanlon

michael.scanlon@exprealty.com +1(773) 630-9205

Listed by Urai Chiyaof @properties Christie's International Real Estate

$2,250,000

Est. payment - /mo

3,075 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,075 sqft

Price per Sqft $731

MLS Listing ID 12544665

Year Built 1903

Annual Tax Amount $32,194

Tax Year 2024

Lot Dimensions 3075

Property Sub-Type Mixed Use

Property Description

FULLY MODERNIZED TURNKEY MIXED-USE GEM! nearly 6 Cap Rate. Exceptional investment opportunity at 3542 N Halsted with a total mechanical overhaul completed in 2025, offering a rare "zero-deferred-maintenance" profile in the heart of Northalsted/Lakeview. 2025 MAJOR CAPITAL UPGRADES: Total peace of mind with a NEW ROOF (2025) and NEW high-efficiency HVAC SYSTEMS (2025) for the restaurant and both residential units. Low operating expenses due to new infrastructure and optimized utilities. PREMIER COMMERCIAL ANCHOR: Ground-floor restaurant features a NEWLY FINISHED BASEMENT (2025) for expanded operations/storage and brand-new 2025 HVAC. Prime Halsted frontage located in the center of the entertainment circuit, just 0.3 miles from WRIGLEY FIELD for massive game-day foot traffic. Modern Residential: Two sprawling 3BR/2BA units. Both units feature Granite/Stainless kitchens, and the ultimate rental driver: IN-UNIT WASHER/DRYERS. Unit 2 upgraded in 2023; Unit 3, upgraded in 2022, features 2025 HVAC and views with a patio. an additional income from parking. UNBEATABLE LOCATION: "Walker's Paradise" (96 Score). Steps to WHOLE FOODS, the ADDISON RED LINE, and the Belmont Theater District. Ideal for 1031 Exchange or owner-operator seeking a stabilized, high-appreciation asset in a "Class A" location.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

Others

Virtual Tour https://youtu.be/gWxw8BOP3VY

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NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

10

Hawthorne Elementary Scholastic Academy

Public | KG - 8
10

Skinner North Elementary School

Public | KG - 6
10

Lincoln Elementary School

Public | KG - 8
9

Burley Elementary School

Public | KG - 8
9

Prescott Elementary School

Public | PK - 8
9

Disney Elementary Magnet School

Public | PK - 8
9

Alcott Elementary School

Public | KG - 8
8

Bell Elementary School

Public | KG - 8
8

Coonley Elementary School

Public | PK - 8
8

Lasalle II Lang Academy Elementary School

Public | PK - 8
8

Burr Elementary School

Public | PK - 8
8

Mayer Elementary School

Public | PK - 8
8

Greeley Elementary School

Public | PK - 8
8

Lasalle Elementary Language Academy

Public | KG - 8
7

Pulaski International School of Chicago

Public | KG - 8
7

Chappell Elementary School

Public | PK - 8
7

Pritzker Elementary School

Public | KG - 8
7

Ravenswood Elementary School

Public | PK - 8
7

Blaine Elementary School

Public | PK - 8
7

Brennemann Elementary School

Public | PK - 8

Middle Schools 1

10

Lane Technical High School

Public | 7 - 12

High Schools 17

10

Devry Advantage Academy High School

Public | 11 - 12
10

Payton College Preparatory High School

Public | 9 - 12
9

Lincoln Park High School

Public | 9 - 12
5

Clemente Community Academy High School

Public | 9 - 12
5

Amundsen High School

Public | 9 - 12
5

Lake View High School

Public | 9 - 12
5

Rickover Naval Academy High School

Public | 9 - 12
4

Senn High School

Public | 9 - 12
4

Uplift Community High School

Public | 9 - 12
3

Alcott Humanities High School

Public | 9 - 12
0

Josephinum Academy

Private | 9 - 12
0

Thresholds High School

Private | 9 - 12
0

Holy Trinity High School

Private | 9 - 12
0

Prologue Early College High School

Public | 9 - 12
0

Prologue Early College

Private | 9 - 12
0

Lake View Academy

Private | 10 - 12
0

Cornerstone Academy

Private | 9 - 12

School and business data provided by Attom Data.

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Michael Scanlon

+1(773) 630-9205

Team leader | License ID: 475.188240

Team leader License ID: 475.188240

3542 N Halsted Street Chicago, IL 60657

Michael Scanlon

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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