

For Sale: 8,174 SF Mixed-Use Building in Lincoln Park
Mixed Use
Marketing description
1625 North Halsted Avenue is a 8,174 SF mulit-use building ideally positioned in one of Chicago’s most dynamic and upscale neighborhoods. The property offers exceptional potential for residential or boutique hotel development. The surrounding area is a thriving destination, just blocks away from iconic cultural and lifestyle attractions including the renowned Steppenwolf Theater, Whole Foods, Apple, Crate & Barrel, and award-winnning restaurants such as Alinea and Boka. The property benefifits from excellent connectivity-just one block north of the CTA Clybourn Station and directly served by the high traffific Halsted 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 one mile from DePaul University’s main campus, contributing to the area’s contiued economic strength.
Lincoln Park is one of Chicago’s most famed neighborhoods. Well known for being home to Chicago’s largest park and for the Lincoln Park zoo, this neighborhood has much to offer when it comes to retail, restaurants, and nightlife. It is also home to DePaul University, ranked in the top 20 college locations in the United States. The neighborhood atrracts a wide demographic and is home to many students, recent graduates and families drawn by the various amenities Lincoln Park has to offer.
Investment highlights
• Four story mixed-use building with a basement
• 8,174 SF of commercial and residential space
-2,019 SF of commerical space
• 3,458 SF lot
• Ground and lower level are commercial space with three residential 3-bed, 2-bath units
• Three parking spaces
• In-place income
• Located in desireable neighborhood close to many retailers and high-end restaurants as well as theaters
• Approximately one mile away from Depaul University’s main campus
• One block away from the Red Line
• Easy access to I-90
• Zoning: B3-5
• Taxes (Projected 2024): $41,515.91with reduction
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