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 Details
Price:
$2,250,000
MLS #:
MRD12544665
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilakeview
Listed Date:
Jan 9, 2026
Total Sq Ft:
3,075
Year Built:
1903
See this Listing
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2024
Taxes
$32,194
Map
Community
- Address3542 N Halsted Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60657
Market Summary
Current real estate data for Commercial in Chicago as of May 15, 2026
897
Commercial Listed
190
Avg DOM
$1,025,112
Avg List Price
Property Summary
- 3542 N Halsted Street Chicago IL is a Commercial for sale in Chicago, IL, 60657. It is listed for $2,250,000
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Copyright 2026. All rights reserved.
3542 N Halsted Street
Chicago, IL


