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3542 N Halsted Street, Chicago, IL 60657

$2,250,000
  • 3542 N Halsted Street, Chicago, IL 60657 Main Photo

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Active
SQUARE FEET3,075 MLS#12544665
STATUSActive PROPERTY TYPECommercial - Business

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.

3542 N Halsted Street | MLS# 12544665

This commercial property located at 3542 N Halsted Street, Chicago, IL 60657 is currently listed for sale with an asking price of $2,250,000. Search Chicago real estate on lindadunn.bhhscrosby.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Central Individual
Lot Size: 0.07 Acres
Stories: 3.0
Taxes: $32,194
Year Built: 1903

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
Foundation: Concrete Perimeter
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 3075
Parcel#: 14204070270000
Parking: 1-5 Spaces
Tenant Pays: Electricity, Heat, Janitorial Service, Varies by Tenant
Units: 3

Listed By / Shown By

Listed By

Agency Name: @properties Christie's International Real Estate
Agency Phone: 773-432-0200

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