$2,250,000
( $731.71Per Sq Foot )
 $12,078 est/mo Sourced by Back At You

3542 N Halsted Street,Chicago, IL 60657

Chicago, IL 60657

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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.

Details

MLS #12544665
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1903
Days On Site230
Listing Provided By@properties Christie's International Real Estate | Urai Chiya

Features

SQ Feet3,075
Story(s)3
Units3
ZoningCOMMR
Acreage3075.00

Interior

CoolingCentral Air, Central Individual

Exterior

Foundation DetailsConcrete Perimeter
Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount32194

Area Information

StateIL
CountyCook
CityChicago
Zip Code60657
AreaCHI Lake View
Listing VS Median (in 60657)
Price:
$2,250,000
low | high
Med:
$349,748
100% of Average
sqft:
3,075
low | high
Med:
1,200
100% of Average
$ / sqft:
$732
low | high
Med:
$291
100% of Average
On site:
230
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 60657

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60657
AreaCHI Lake View
Listing VS Median (in 60657)
Price:
$2,250,000
low | high
Med:
$349,748
100% of Average
sqft:
3,075
low | high
Med:
1,200
100% of Average
$ / sqft:
$732
low | high
Med:
$291
100% of Average
On site:
230
low | high
Med:
15
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.687M - $2.812M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
3547 N Reta Avenue 101 Property Photo 1
$1,150,000
3547 N Reta Avenue 101
Chicago, IL 60657
3507 N Reta Avenue 1 Property Photo 1
$875,000
3507 N Reta Avenue 1
Chicago, IL 60657
Listing Updated: July 9, 2026 at 12:08:27 PM PDT