

Listed by Millennium Properties R/E
$1,700,000
1629 N Halsted Street
Details
Property Type Retail, Multifamily
Sub Type Apartment Building, Commercial
Square Footage 5,755
NOI $151,051
Stories 3
Lot Size (SqFt) 3,360
Zoning B3-5
Retail | 5,755 SqFt
Marketing description
1629 North Halsted Avenue is a 5,755 SF multi-use building ideally positioned in one of Chicago’s most dynamic and upscale neighborhoods. 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 benefits 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
- Three-story mixed-use building
- 5,755 SF of commercial and residential space
- -3,837 SF of commerical space
- 3,360 SF lot
- Ground and garden level are commercial space with one residential 3-bed, 2-bath unit
- Three parking spaces
- 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
Listing Contacts


Listed by Millennium Properties R/E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$151,051.00
$12,587.58/mo
Valuation Metrics
0
DSCR
8.89%
Cap Rate
8.89%
ROI
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