3500 S HALSTED ST Chicago IL 60609-1605 APN: 17-32-404-015-0000

Property History

Property Type

Multifamily

Property Subtype

Apartment Building

Marketing Description

Paul Proano Properties & Coldwell Banker Commercial have been exclusively chosen to market the Bridgeport Restaurant Building which is a historic well-known restaurant in the heart of downtown Bridgeport. Located southwest of downtown Chicago, the Bridgeport Restaurant Mix Use Building is located at a major intersection of S. Halsted Street and 35th Street that sees 23,500 vehicles per day, close to Chicago White Sox Stadium, East of Illinois Institute of Technology (IIT) and just south of the University of Illinois at Chicago East Campus. The mix used building is comprised of twelve Units (12) total which include eight (8) residential apartment units and four (4) commercial retail units. The commercial spaces comprise of two (2) restaurant tenants, one (1) attorney office and one (1) retail clothing store and the property offers storage basement space for each retail tenant. The property has undergone major capital improvements in the past 10 years. Some of the major exterior improvements include newer windows installed 2020, newer roof installed 2017, new store front 2020, exterior brick work completed in 2020. The interior improvements include a remodeled common area hallway on the Halsted St. apartment entry, five (5) remodeled units with stainless steel appliances and in unit washer/dryer and hardwood floors.

Both Restaurant Businesses also for sale in addition to building:

La Mexicana Taqueria Restaurant for sale. This family owned & operated restaurant business has been operating for over 32 years and counting. Located near a prime corner retail corridor with 23,500 Vehicles per day on the city street of Halsted St and 35th st. The location is also located in a dense area with over 58,913 residents within a 2 miles radius that guarantees a need more dine in or take out food.

Being a Mexican Restaurant the menu offers the best Mexican style restaurant in Bridgeport in Chicago, along with delicious Popular Items, Breakfast items, Breakfast Burritos, Appetizers, Soups, Sopes, House Specialties, Enchiladas and Quesadillas, Tacos, Burritos, Tostadas, Tortas, Burritos Suizos, Combination, Seafood, Side Orders, Desserts, Beverages and Milk Shakes.

La Mexicana Restaurant is a full service restaurant with dine in, take out, delivery and a licensed liquor serving bar.

Historic Bridgeport restaurant in Chicago, IL which is a full service dine in, take out and delivery restaurant. This well established family style restaurant has been in business for over 63 years and counting. Located in a prime corner retail corridor with 23,500 Vehicles per day on the city street of Halsted St and 35th st. The location is also located in a densely populated area with over 58,913 residents within a 2 miles radius that guarantees foot traffic and a solid clientele base.

Being a Breakfast and Lunch business establishment, Bridgeport Restaurant offers a wide range of breakfast/lunch type menu items which include: Breakfast Croissants, Breakfast Wraps, French Toast, Breakfast Sandwiches, Eggcelent Omelettes, Steak and Eggs, Country Fresh Eggs, Breakfast Specials, Skillets, Pancakes, Waffles, Crepes, Vegetarian Breakfast, Light and Healthy Breakfast, Biscuits and Gravy, Breakfast Melt Sandwiches, Panini Breakfast Sandwiches, Eggs Benedict, Breakfast Combos, Breakfast Side Orders, Soup, Salads and Cold Plates, Favorite Entrees, Steaks and Chops, Seafood, Tour to Italy, Tasty Sandwiches, Chicago’s Best, 3 Stories, Hot Sandwiches, Marvelous Melts, Burgers, Double Deckers, Lunch Panini Sandwiches, Bridgeport Specialities, Side Orders, Kids’ Menu, Lunch Special, Milk Shakes and Desserts.

**This is very benifitial to anyone who is looking to owner occupy the building and by continuing to operate both restaurants and bring in an another additional 250k Per year***

Investment Highlights

Located on 35th and S. Halsted-Well Known Intersection on the South Side of Chicago
Less Then 1 Mile From The I-90 Expressway
3 Miles From Downtown Chicago
Rapid Development In Progress Next To Location
Strong Owner/Operator Businesses Fully Leased
Roof Replaced 2017
Remodeled Units-2020
Basement Storage For Each Retail Tenant
Updated Electrical & Plumbing
Newly Replaced Windows
Remodeled Units 2020

Loan History

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Financial History

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Tax History

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Contact Information

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