3542 N Halsted ST, Chicago, IL 60657
3542 N Halsted ST, Chicago, IL 60657
3542 N Halsted ST, Chicago, IL 60657
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$2,250,000
Est. payment /mo
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3,075 SqFt
Active

3542 N Halsted ST Chicago, IL 60657

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John Barnak III

John Barnak III

+1(630) 439-6385

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,075 sqft

Price per Sqft $731

MLS Listing ID 12544665

Year Built 1903

Annual Tax Amount $32,194

Tax Year 2024

Lot Dimensions 3075

Property Sub-Type Mixed Use

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.

Location

State IL

County Cook

Area Chi - Lake View

Zoning COMMR

Interior

Cooling Central Air, Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Urai Chiya of  @properties Christie's International Real Estate 

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John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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3542 N Halsted ST

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