3542 N Halsted Street Chicago, IL $ 2,250,000
3542 N Halsted Street
$ 2,250,000
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3542 N Halsted Street

Chicago, IL, 60657
$ 2,250,000
Bedrooms-- Baths-- Sq 3,075

Monthly Estimate*

$ 13,854

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Commercial Property for sale in Chicago, IL

for $2,250,000. This 3,075 square foot building was built in 1903 on a lot size of 0.070592.

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.

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Commercial Active

Price

$ 2,250,000

Property Type

Commercial

Taxes

$ 32,194

Style

Lot Size

0.070592

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12544665

Features
General
Cooling Central Air Central Individual
Zoning COMMR
Construction Materials Brick
Year Built 1903
Electric Circuit Breakers
Tenant Pays Electricity Heat Janitorial Service Varies by Tenant
Stories Count 3
Township Lake View
Property Subtype Mixed Use
Tax Year 2024
Gross Income 177900
County Cook
Insurance Expense 4760
Property Type Commercial Sale Mixed Use
Status Active
Directions Take Lakeshore Drive to Belmont to North Halsted south of Addison.
City Chicago
Number Of Units Total 3
MLS Area CHI - Lake View
Lot Size Square Feet 3075
Tax Annual Amount 32194
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3600
Additional Parcels Y/N N
Virtual Tour https://youtu.be/gWxw8BOP3VY
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3075
Lot Dimensions 3075
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

uchiya@atproperties.com

Email

Affordability Calculator

$16,536
Per Month
84%
16%
0%
Monthly Principal & Interest
$13,854
Monthly Property Taxes
$2,683
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/10/2026$2,250,000 Listed Price

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3542 N Halsted Street, Chicago, IL, 60657 is a Commercial Property for sale at $2,250,000 with 3,075 sqft and a lot size of 0.070592. 3542 N Halsted Street was built in 1903. The property's zip code is 60657 which is in Chicago, IL