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About the Listing 84025 - 149759
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.
Listing Highlights
Status
Active
Days on Site
46
Property Type
Commercial Sale
MLS ®
12544665
Year Built
1903
Total Square Footage
3,075
Lot/Acreage
0.07
County
Cook
Area
CHI - Lake View
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Central Individual
- Heating: Central Heat/Indiv Controls
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 3075
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: 1-5 Spaces
Financial Details
- Tax Amount: $32,194
- Taxes w/Assessments: N/A
- Tax/Property ID: 14204070270000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
3542 N Halsted St Chicago, IL 60657
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