IL
Cook
Chicago
60657
3542 N Halsted Street
3542 N Halsted Street, Chicago, IL 60657
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Listing Type
Commercial/Industrial
Listing Status
Active
1
$2,250,000

Home Details for 3542 N Halsted Street

Price
$2,250,000
Type
Commercial Sale
Year built
1903
County
Cook
MLS Listing#
12544665
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.

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Listing Courtesy: @properties Christie's International Real Estate - 773-432-0200
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-17 07:42:13. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-17 07:42:13
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2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
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