1629 Halsted Street, Lincoln Park, Chicago, Illinois 60614
$1,700,000
|
For Sale
|
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 3 |
| Baths: | 0 |
| Year Built: | 1891 |
| Property Taxes: | $23,031 |
| Days On Market: | 542 |
| Lot Size: | 0,00 |
Description
Located at 1629 N Halsted, this 3 unit, 5,755 SF property is ideally positioned in one of Chicago's most dynamic and upscale neighborhoods-offering exceptional potential for residential or boutique hotel development. The below grade former restaurant space offers the opportunity for an owner/user to open up shop and use the residential and office unit income to cover their mortgage, or an investor looking for cash flow. Fully leased this property can generate $200k in income, with a projected NOI of $150,000. The surrounding area is a thriving destination, just blocks from iconic cultural and lifestyle attractions including the renowned Steppenwolf Theatre, Whole Foods, Apple, Crate & Barrel, and award-winning restaurants such as Alinea and Boka. The property benefits from excellent connectivity-just one block north of the CTA Clybourn Station and directly served by the high-trafficHalsted bus route. Just steps from the vibrant North and Clybourn intersection, this location places you near some of the city's premier retail, dining, and nightlife corridors. The site is also less than a mile from DePaul University's main campus, contributing to the area's continued economic strength. This property also includes 4 car garage and select upgrades, including a black iron top stove, offering added value. The property can be purchased individually or as a portfolio together with 1625 N Halsted, 1629 N Halsted, and 1631 N Halsted.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1891 | |
| 2004 | |
| Finished, Full | |
| Brick | |
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| No | |
| — |
| Cook | |
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| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| — | |
| Natural Gas, Forced Air | |
| 12357704 | |
| 14333130280000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| — | Last price change | $1,725,000 | MRED MLS |
| 6 May, 2025 | Listed for sale | $1,725,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Other Specifics
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| 24X140 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| — | $23,031 |
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Listing Provided By
Millennium Properties RE, Inc.
