Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12544665
Images
Request Info3542 N Halsted StreetChicago, IL 60657
Commercial · 3,075 Sq. ft.$2,250,000
Active
3542 N Halsted Street Overview
- Time on Site:
- 171 days
- Visits:
- 3
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.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
3542 N Halsted Street Facts & Features
- Type Commercial
- Sq. ft. 3,075
- Price/Sq.ft. $732
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 177900
- Gross Scheduled Income: 177900
- Insurance Expense: 4760
- Trash Expense: 0
- Water Sewer Expense: 3600
Building Information
- Year Built: 1903
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lake View
- Township: Lake View
Rent/Lease Information
- Tenant Pays: Electricity, Heat, Janitorial Service, Varies by Tenant
Tax Information
- Tax Annual Amount: $32,194.00
- Tax Year: 2024
General Information
- Parcel Number: 14204070270000
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 3075
General Information
- Cooling: Central Air, Central Individual
- Electric: Circuit Breakers
- Foundation Details: Concrete Perimeter
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 3075
- Lot Size Square Feet: 3075
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 3
3542 N Halsted Street Neighborhood
Community
60657 (Chicago) Demographics
31
Median Age
23,068
Population Density (per sq. mile)
87%
College Educated
$94,722
Estimated Median Income
14,173
Estimated Total Home Owners
22,758
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3542 N Halsted Street Monthly Cost
3542 N Halsted Street Market Data
Based on the last 30 days in this zip code
$983,928
Average List Price
$754
Average Price per Square Foot
101
Properties Sold
49
Average Days on Market
228
Properties for Sale
3542 N Halsted Street History
| Date | Value | Agent |
|---|---|---|
| 1/14/2026Source: MRED | Active |
|
| 1/9/2026Source: MRED | January 09, 2026 |
|
| 12/1/2022Source: MRED | Rented |
|
| 11/2/2022Source: MRED | Active |
|
| 10/27/2022Source: MRED | October 27, 2022 |