1625 N Halsted Street, Chicago, IL 60614
Local realty services provided by:ERA Naper Realty
1625 N Halsted Street,Chicago, IL 60614
$2,100,000
- 9 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:daniel hyman
Office:millennium properties re, inc.
MLS#:12357632
Source:MLSNI
Price summary
- Price:$2,100,000
About this home
Located at 1625 N Halsted, this 4 unit, 8,174 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 $250k in income, with a projected NOI of $170,000. 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-trafficHalsted 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.
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Home facts
- Year built:2004
- Listing ID #:12357632
- Added:142 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:8
- Full bathrooms:6
- Half bathrooms:2
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:2004
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Tax amount:$44,519 (2023)
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