3542 N Halsted Street, Chicago, IL

$2,250,000

Overview

  • 305170
  • Property ID
  • Updated On:
  • April 21, 2026

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.

Climate Control
Air Conditioning
Other Features
Brick
Central Air
Central Individual
Circuit Breakers
Concrete Perimeter
Electricity
Heat
Janitorial Service
Varies by Tenant

yelp logo

$11,536.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 8,723.70

Similar Listings

For Rent

6737 Roosevelt Road, Berwyn, IL

Prime location building located on the border of Oak Park and Berwyn near the intersection ...
For Rent

3901 N BRADY Street, Davenport, IA

Prime retail opportunity in a high-traffic location. Endcap space and former AT&T loca ...
Information for the property at 3542 N Halsted Street, Chicago, IL, 60657 (Property ID: 305170) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

Compare Listings

Sunita Kakarlapudi