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23187978
23187979

11717 S Halsted St, Chicago, IL 60628

$890,000
433 days on market
Updated 25 days ago
Opportunity zone

MULTI-TENANT OFFICE INCLUDING CHASE BANK

Details
Property Type Office, Retail
Sub Type Bank, Medical Office (+1)
Square Footage 9,053
Net Rentable (SqFt) 9,053
Cap Rate 11.13%
NOI $99,056
Occupancy 100%
Tenancy Multi
Brand/Tenant Chase Bank, CAP
Lease Type NNN
Stories 1
Lot Size (SqFt) 40,217

Office | 11.13% CAP | 9,053 SqFt

Marketing description

Prime Commercial Investment Opportunity: Multi-Unit Property in Chicago's South Side

Welcome to 11717-19S Halstead St, an exceptional commercial multi-unit property located in a high-traffic area of Chicago's South Side. This offering presents a rare opportunity for investors seeking a versatile asset in a thriving commercial district.

Property Overview:

  • Address: 11717-19S Halstead St, Chicago, IL

  • Type: Commercial Multi-Unit Property

  • Total Units: 2 (Retail/Office/Industrial spaces)

  • Rentable area: 9,053 SqFt

  • Lot Size: 40,217 sqFt

  • Year Built: 1992

  • Zoning: B3-1

Key Features:

  • Diverse Tenant Mix: This property offers a variety of commercial spaces, including retail storefronts, office suites, and/or light industrial units (depending on the layout). The flexible configuration caters to a broad range of businesses and industries.

  • High Visibility Location: Situated on Halstead Street, this property boasts excellent street visibility and easy access to major thoroughfares. The high-traffic area ensures maximum exposure for tenants and offers convenient parking for both employees and customers.

  • Ample Parking: The property includes dedicated parking spaces, which is a rare and valuable feature for commercial properties in this area.

  • Flexible Spaces: Units vary in size, providing options for both small businesses and larger enterprises looking for expansion opportunities.

  • Proximity to Key Amenities: The property is located near public transportation, major highways, shopping centers, and a variety of dining options. This makes it an ideal location for businesses looking to cater to a diverse customer base and ensure ease of access for employees.

Why Invest Here?

The South Side of Chicago has become a hub for both residential and commercial growth, with increasing demand for quality retail, office, and mixed-use spaces. This location offers a unique opportunity to capitalize on the area's economic revitalization. The property's diverse tenant mix and strategic position make it a highly attractive investment with the potential for long-term growth and profitability.

Investment highlights

  • Strong Income Potential: With multiple commercial units, this property offers multiple revenue streams, making it an ideal choice for investors looking to diversify their portfolio.

  • Solid Tenant Demand: Due to its prime location and flexible space options, this property is in high demand from a variety of industries, including retail, office, and service-based businesses.

  • Capital Appreciation: With ongoing development and revitalization in the area, this property is well-positioned for long-term value appreciation.

  • Stable Cash Flow: With an established tenant base and the potential for lease renewal, this property offers a stable cash flow for investors seeking consistent returns.

Listing Contacts

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$99,056.00
$8,254.67/mo

Valuation Metrics

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DSCR
11.13%
Cap Rate
11.13%
ROI

Map

Zoning

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B3-1 CommercialRetail CommercialCommunity Shopping District
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View all 134 uses
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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