Lincoln Park/DePaul Mixed-Use Investment Property

2154 N. Halsted St., Chicago, IL 60614

  • For Sale $1,599,000
  • Property Type Multi-Family
  • Property Size 4,800 SF
  • Units 3
  • Lot Size 0.07 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Date Updated Aug 26, 2024
Chicago's Lincoln Park neighborhood is one of the most sought after areas in the entire country for both residents and businesses and is the heart of Chicago's north side. With immediate area average household income or approx. $220,,000/yr, and average home values in excess of $1,000,000, Lincoln Park is one of the most affluent and well known in Chicago.. Home to dozens of national and trendy high end retailers, and more bars and restaurants per capita than any area in Chicago, Lincoln Park is also the home to DePaul University, The Lincoln Park Zoo, North Ave Beach, Steppenwolf Theaters, The Peggy Notebaert Nature Museum and everything else that makes Chicago great. DePaul University, with a scarcity of on-campus housing, provides a constant population of student and staff apartment renters that keep buildings in the area at or near 100% occupancy.SVN Chicago Commercial is pleased to offer for sale a beautiful, fully leased, mixed-use building on Halsted St in Chicago's pre-eminent Lincoln Park neighborhood in the DePaul submarket. The property is comprised of two, three bedroom renovated apartments + one ground floor commercial space on a long term lease as well as off-street parking. The approx. 4800 SF, three-story building + basement has excellent visibility along Halsted. The property is located in the most sought after sub-market in Chicago for residents, businesses and investors. This is a rare opportunity to acquire a stabilized, mixed-use building in Chicago's most popular and valuable sub-market.Turn-key, corner restaurant space on Southport Ave in Chicago's sought after Lakeview neighborhood. The property is a fully functional bar & restaurant with all FF&E necessary for a new operator. Main floor seating of +/- 40 people plus outdoor seating of nearly 50 available. Back of the house in the basement, including all kitchen operations, office, storage, and mechanicals. Beautiful marble anointed bar in main dining room. Existing infrastructure and equipment includes hood system w/ black iron, 12-burner stove, ovens, fryers, prep tables, coolers, 3-compartment sinks, tables and chairs to name some

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Attachments

Highlights

  • Mixed-use, 100% leased building in Chicago's Lincoln Park/DePaul neighborhood on Halsted St
  • 3 total units: two 3-bedroom apartments + 1 ground floor commercial space
  • Renovated apartments w/ in-unit laundry, hardwood floors, and useable back porches
  • Separately metered utilities & HVAC
  • Historically 100% occupied
  • Long-term lease with ground floor commercial tenant
  • 4-car parking (2X2 tandem) provides additional income
  • Below market apartment rents
  • Amazing location - steps to DePaul University and close to the Chicago Lakefront
  • Easy access to all mass-transit

Contacts

broker

Wayne Caplan

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    77/100 Excellent Transit
  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Sheffield
  • Zip Code 60614
  • Market Chicago

Points of Interest

  • Southport

    1.72 miles

  • Chicago

    1.86 miles

  • Paulina

    1.93 miles

  • Grand

    2.09 miles

  • Addison

    2.22 miles

  • Sheridan

    2.26 miles

  • Grand

    2.32 miles

  • taxi rank

    2.39 miles

  • Merchandise Mart

    2.40 miles

  • California

    2.49 miles

  • Mobil

    0.47 miles

  • Shell

    0.91 miles

  • eVgo

    0.93 miles

  • Tesla Supercharger

    0.93 miles

  • BP

    1.02 miles

  • BP

    1.03 miles

  • BP

    1.04 miles

  • BP

    1.05 miles

  • Shell

    1.09 miles

  • Tesla Supercharger

    1.12 miles

  • Park Lincoln Garage

    0.52 miles

  • Steppenwolf Garage

    0.67 miles

  • East Lot

    0.87 miles

  • Moody Church Parking Lot

    1.05 miles

  • North Avenue Beach

    1.36 miles

  • 1628 W Division

    1.59 miles

  • Cubs Rav4 Lot

    1.80 miles

  • Cubs Prius Lot

    1.96 miles

  • Cubs Highlander Lot

    2.00 miles

  • Public Parking

    2.10 miles

  • Chicago Getaway Hostel

    0.44 miles

  • Hotel Versey

    0.82 miles

  • Hotel Lincoln, a Joie de Vivre Hotel

    0.86 miles

  • The Willows

    0.89 miles

  • Oakwood At Eugenie Terrace

    0.95 miles

  • Hyatt Place Chicago / Wicker Park

    1.22 miles

  • City Suites Hotel

    1.28 miles

  • Marshall Hotel

    1.41 miles

  • Hotel Indigo Chicago Downtown Gold Coast

    1.48 miles

  • Best Western Plus Hawthorne Terrace

    1.57 miles

  • Athenian Room

    0.01 miles

  • Shine and Rise

    0.03 miles

  • Toast

    0.05 miles

  • Nookies, too

    0.08 miles

  • Chez Moi

    0.10 miles

  • Cafe Ba-Ba-Reeba!

    0.18 miles

  • Homeslice

    0.19 miles

  • State Restaurant

    0.19 miles

  • Johnny's

    0.19 miles

  • Potbelly's

    0.19 miles

  • Saint James Lutheran School

    0.14 miles

  • DePaul University

    0.19 miles

  • Arnold School

    0.21 miles

  • Lincoln Park High School

    0.24 miles

  • Presbyterian Theological Seminary

    0.24 miles

  • Old Town School of Folk Music

    0.28 miles

  • Park West Cooperative Nursery School

    0.29 miles

  • Lincoln Elementary School

    0.29 miles

  • DePaul University

    0.30 miles

  • Chicago Dance Center

    0.32 miles

  • Cornerstone Children's Learning Center

    1.52 miles

  • North Avenue Day Nursery

    1.71 miles

  • Rainforest Pre-School & Infant Center

    2.36 miles

  • La Escualita Daycare

    2.87 miles

  • Bright Horizons

    2.89 miles

  • Kids' Work Chicago Too

    2.91 miles

  • Little Bird Prep

    2.95 miles

  • Diversey Day Care

    3.08 miles

  • Adams Street Child Care Center

    3.30 miles

  • A-Karrasel Child Care Center

    3.30 miles

Frequently Asked Questions

How much does Lincoln Park/DePaul Mixed-Use Investment Property cost?

The space currently listed for sale at Lincoln Park/DePaul Mixed-Use Investment Property asks for $1,599,000.

What is the total square footage of Lincoln Park/DePaul Mixed-Use Investment Property?

Lincoln Park/DePaul Mixed-Use Investment Property totals 4,800 square feet.

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Contact Listing Broker

broker

Wayne Caplan

SVN | Chicago Commercial