About 3542 N Halsted Street
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.
Features of 3542 N Halsted Street
| MLS® # | 12544665 |
|---|---|
| Price | $2,250,000 |
| Bathrooms | 0.00 |
| Year Built | 1903 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Commercial Sub-Type | Mixed Use |
| Status | Active |
| Taxes | $32,194 |
Community Information
| Address | 3542 N Halsted Street |
|---|---|
| Area | CHI - Lake View |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60657 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Central Air, Central Individual |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 107 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|