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Listing provided courtesy of Ruiz Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12474833MLS Provider

16517 Halsted StreetHarvey, IL 60426

Commercial · 2,448 Sq. ft.
$360,000 Active

16517 Halsted Street Overview

Time on Site:
165 days
Visits:
0

Stop searching, your dream just came true! This is a great investment opportunity to open your own restaurant or other business. The property features a barbershop on the south side of the building and a restaurant on the north side, allowing you to operate one business while generating rental income from the other. Barber shop equipment will not staying. The restaurant is fully equipped and ready for immediate operation, including commercial stoves, 4 refrigerators, 1 freezer, professional large cooking hoods, tables and chairs, and a bar area, plus much more. The property includes newer furnaces and a fenced alley area for added security. Situated on a large lot with 20 plus parking spaces, this location offers excellent accessibility. Conveniently located less than 5 minutes from I-294, nearby hotels, Wind Creek Chicago Casino, and an upcoming large gas station.

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16517 Halsted Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,448
  • Price/Sq.ft. $147

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 1970

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Harvey
  • Township: Thornton

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2024

General Information

  • Parcel Number: 29213080470000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 2448

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 2257

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 108X124
  • Lot Size Square Feet: 13381

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

16517 Halsted Street Neighborhood

Community

60426 (Harvey) Demographics

36
Median Age
3,616
Population Density (per sq. mile)
17%
College Educated
$34,580
Estimated Median Income
5,377
Estimated Total Home Owners
4,661
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

16517 Halsted Street Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16517 Halsted Street Market Data

Based on the last 30 days in this zip code

$165,445
Average List Price
$107
Average Price per Square Foot
13
Properties Sold
115
Average Days on Market
106
Properties for Sale
Calculations provided by Reliance Network

16517 Halsted Street History

Date Event Value Agent
4/7/2026Source: MRED Status Change
Active
4/2/2026Source: MRED Price Reduction
$360,000 -5.3%
4/2/2026Source: MRED Status Change
Price Change
2/27/2026Source: MRED Status Change
Active
2/22/2026Source: MRED Price Reduction
$380,000 -5.0%
2/22/2026Source: MRED Status Change
Price Change
1/20/2026Source: MRED Status Change
Active
1/15/2026Source: MRED Added to Database
January 15, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022