SQUARE FEET3,075
MLS#12544665
STATUSActive
PROPERTY TYPECommercial - Business
Property 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.
Property Features
Property Type: Commercial - Business
Cooling: Central Air, Central Individual
Lot Size: 0.07 Acres
Stories: 3.0
Taxes: $32,194
Year Built: 1903
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
Foundation: Concrete Perimeter
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 3075
Parcel#: 14204070270000
Parking: 1-5 Spaces
Tenant Pays: Electricity, Heat, Janitorial Service, Varies by Tenant
Units: 3
Listed By / Shown By
Listed By
Agency Name: @properties Christie's International Real Estate
Agency Phone: 773-432-0200
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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3542 N Halsted Street | MLS# 12544665
This commercial property located at 3542 N Halsted Street, Chicago, IL 60657 is currently listed for sale with an asking price of $2,250,000. Search Chicago real estate on www.bhhscrosby.com today.