3542 North Halsted Street

Chicago, IL 60657

$1,650,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare opportunity to own a great income producing mixed use building, close to Wrigleyville in Lakeview & Halsted just south of Addison. There are long term tenants for the commercial space( Diva Restaurant) with full basement and the second floor apartment. (Restaurant tenant pays 60% of water bill plus all utility bills). The second and the third floor apartments each feature 3 bedrooms/2 baths. (Tenants pay electricity, gas and internet). New upgraded unit on the third floor: freshly painted, kitchens...Rare opportunity to own a great income producing mixed use building, close to Wrigleyville in Lakeview & Halsted just south of Addison. There are long term tenants for the commercial space( Diva Restaurant) with full basement and the second floor apartment. (Restaurant tenant pays 60% of water bill plus all utility bills). The second and the third floor apartments each feature 3 bedrooms/2 baths. (Tenants pay electricity, gas and internet). New upgraded unit on the third floor: freshly painted, kitchens with granite countertops, stainless steel appliances, kitchen island, large formal dining & living and office areas with skylights, central heat/ac, huge back section for in unit washer/dryer side by side, primary bedroom suite; Close to Whole Foods, Wrigley Field, Restaurants and Entertainment Centers. The third floor tenants moved in December 1st, 2022.
  1. Listed by Urai Chiya • @properties Christie's International Real Estate

Property Details for 3542 North Halsted Street

Area
CHI - Lake View
Township
Lake View
Zoning
COMMR
LISTING UPDATED: 08/29/2024 12:45 PM

Property Details for 3542 North Halsted Street

StatusActive
MLS #12021077
Days on Market253
Taxes$26,335 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1903
Lot Size0.07 AC / 3,075 SF
CountyCook County

Building Information for 3542 North Halsted Street

Stories3Residences3Year Built1903Lot Size0.07 AC / 3,075 SF

Property Information for 3542 North Halsted Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Geographic Locale: Chicago North
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers
  • # Of Washers: 2
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 2
  • Washer/Dryer Lsd: Yes
  • # Of Dryers: 2
  • # Of Dishwashers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Janitorial Service, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 3075
  • Lot Size Square Feet: 3075.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 3075
  • # Of Offices: 0
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Docks: Exterior
  • Public Document Count: 0
  • Photos Count: 70
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $142,800.00
  • Gross Scheduled Income: $143,700.00
  • Insurance Expense: $2,800.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 11900
  • Water Expense Source: Owner Projection
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,280.00

Property History for 3542 North Halsted Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3542 North Halsted Street

Taxable ValueLand$46,125Additions$72,787Total$118,912
Tax Record2022$26,335 ($2,195 / month)
Home Facts
Baths3Total Finished SqFt5,440 SqFtAbove Grade Finished SqFt5,440 SqFtStories3Lot Size3,075 SqFtStyleMulti-Family Res (5+ Units)Year Built1903CountyCOOKAPN14-20-407-027

Schools near 3542 North Halsted Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Nettelhorst Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Inter-American Elementary Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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3542 North Halsted Street is a mixed use property for sale in Chicago, IL 60657. This property was listed for sale on April 4, 2024 by @properties Christie's International Real Estate, it's currently listed at $1,650,000. This listing's school district is Chicago Public Schools. Nearby schools include Nettelhorst Elementary School, Lake View High School and Inter-American Elementary Magnet School. 3542 North Halsted Street is a 0-bed, 0-bath, mixed use property built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/29/2024 12:45 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.