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2706 N Halsted Street # A-D Chicago, IL $ 2,950,000
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$ 2,950,000 Get more info
2706 N Halsted Street # A-D
$ 2,950,000
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2706 N Halsted Street # A-D

Chicago, IL, 60614
$ 2,950,000
Baths0.0 Sq 7,600

Monthly Estimate*

$ 20,607

2706 N Halsted Street # A-D, Chicago, IL 60614 - Image 1
2706 N Halsted Street # A-D, Chicago, IL 60614 - Image 2
2706 N Halsted Street # A-D, Chicago, IL 60614 - Image 3
Studio

Commercial Property for sale in Chicago, IL

for $2,950,000. This 7,600 square foot building was built in 2002 on a lot size of 0.174472.

7,600 SF fully-leased high profile commercial property on 1st fl of newer 5-story, 54-unit condo bldg on Halsted in the heart of the Lincoln Park/East Lakeview commercial district. Divided into 4 units, all of which are leased to long term Dental Masters tenant (leased since 2005), large Dunkin Donuts franchisee (10-year lease in 2020), Cosmetic Surgery of Chicago (5-year lease in 2023) and Beyond Ventures salon (5-year lease in 2023), which provide ~$214,000 in NOI for a 7.2% CAP rate with annual rent escalations. 130' of frontage w/12'+ concrete ceilings. 6 garage parking spaces are available for use by owners and tenants (priced separately). Area tenants incl Dom's Kitchen & Market, Home Depot, Guitar Center, Walgreens, Byline Bank, Trader Joes and numerous local restaurants and neighborhood businesses.

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Commercial Active

Price

$ 2,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 79,709

Style

Commercial

Lot Size

0.174472

Year Built

2002

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11471332
Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick Concrete
Year Built 2002
Electric Over 600 Amps Three Phase
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Insurance Repairs Sewer Varies by Tenant
Stories 5
Township Lake View
Unit Number A-D
Tax Year 2022
Current Use Commercial
Gross Income 278000
County Cook
Net Operating Income 213600
Operating Expense 87800
Property Type Commercial Sale Retail/Stores
Status Active
Directions on W side of Halsted 1 block S of Diversey at T intersection with Schubert
City Chicago
Total Units 4
MLS Area CHI - Lincoln Park
Lot Size Square Feet 7600
Street Name Halsted
Tax Annual Amount 79709
Additional Parcels Y/N N
Leasable Area 7600
Days on Market 525
Lease Type Gross
Standard Status Active
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Exterior
Building Area Total 7600
Lot Dimensions 175' X 124'
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
The Lord Companies L.L.C.

Broker

scott@lordcompanies.com

Email

Affordability Calculator

$27,249
Per Month
76%
24%
0%
Monthly Principal & Interest
$20,607
Monthly Property Taxes
$6,642
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/21/2022$2,950,000 Listed Price

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2706 N Halsted Street # A-D, Chicago, IL, 60614 is a Commercial Property for sale at $2,950,000 with 7,600 sqft and a lot size of 0.174472. 2706 N Halsted Street # A-D is a studio with 0.0 baths and was built in 2002. The property's zip code is 60614 which is in Chicago, IL

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