BEDS6
BATHS7 full
MLS#12357009
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
Located at 1623 N Halsted, this 3 unit, 5,388 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 ground floor former restaurant space offers the opportunity for an owner/user to open up shop and use the residential unit income to cover their mortgage or an investor looking for cash flow. Fully leased this property can generate $190k in income, with a projected NOI of $138,000. 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-traffic Halsted 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 Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, None, Full
Garage: 4
Heating: Natural Gas, Forced Air
Lot Size: 0.08 Acres
Taxes: $24,323
Year Built: 1896
Feature Descriptions
Exterior: Brick
Lot Dimensions: 24X140
Parcel#: 14333130300000
Parking: On Site, Attached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: North Chicago
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Millennium Properties RE, Inc.
Agency Phone: 312-338-3000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 6,306.21 per month $3,783.46 Principal & Interest $2,026.92 Property Tax $495.83 Homeowner's InsuranceChange Payment Information
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1623 N Halsted Street | MLS# 12357009
This multi-family property located at 1623 N Halsted Street, Chicago, IL 60614 is currently listed for sale with an asking price of $1,700,000. N Halsted Street is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.