3542 N Halsted Street
Chicago, IL, 60657
$2,250,000
Beds
0 Baths
0 SqFt
0 Acres
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$2,250,000
3542 N Halsted Street
Chicago, IL, 60657
MLS #MRD12544665 image #0
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
Chi – Lake ViewChilakeview

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick

Financial

Tax Year
2024
Taxes
$32,194
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Jan 16, 2026
949
Commercial Listed
195
Avg DOM
167
Avg $ / SqFt
$1,036,077
Avg List Price

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Property Summary

    3542 N Halsted Street Chicago IL is a Commercial for sale in Chicago, IL, 60657. It is listed for $2,250,000 To schedule a showing of MLS#mrd12544665 at 3542 N Halsted Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3542 N Halsted Street
Chicago, IL