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2723 N Halsted Street

Chicago, IL 60614
  • $1,650,000
  • STATUS: Active
  • ON SITE: 170 Days
  • MLS #: 12147343
UPDATED: 27 min ago
$1,650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1903
County:
Area:

School Ratings & Info

Description

Rare opportunity to own this iconic Lincoln Park mixed-use building. The property boasts a corporately held Tavern license, ensuring guaranteed commercial occupancy, a coveted asset given the high demand for such licenses. The property consists of ground floor commercial space with basement storage. The commercial space was renovated in 2021 and is occupied by a popular sports bar and restaurant. The space has legal occupancy for a 234 person capacity crowd. The 2nd floor has a 3 bedroom, 1.5 bathroom apartment. The apartment was completely rehabbed in 2020 and is currently occupied by longer-term tenants. The entire property is in excellent condition, both internally and externally, and includes 3 exterior parking spaces in the rear. Excellent transport links close by, with the Diversey Brown Line CTA just 5 minute walk.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T22:58:58.36 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2723 N Halsted Street Chicago, IL 60614

  • Price: $1,650,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 27 min ago
  • MLS #: 12147343
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1903
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Rare opportunity to own this iconic Lincoln Park mixed-use building. The property boasts a corporately held Tavern license, ensuring guaranteed commercial occupancy, a coveted asset given the high demand for such licenses. The property consists of ground floor commercial space with basement storage. The commercial space was renovated in 2021 and is occupied by a popular sports bar and restaurant. The space has legal occupancy for a 234 person capacity crowd. The 2nd floor has a 3 bedroom, 1.5 bathroom apartment. The apartment was completely rehabbed in 2020 and is currently occupied by longer-term tenants. The entire property is in excellent condition, both internally and externally, and includes 3 exterior parking spaces in the rear. Excellent transport links close by, with the Diversey Brown Line CTA just 5 minute walk.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Outdoor Parking 1-5 Spaces Roof Rubber Roof Structure Flat

Interior Features

Cooling Central Air Flooring Wood Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 0 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate Meters Fire Protection Alarm On SiteFire Extinguisher/s Geographic Locale Chicago North Gross Income 138000 Gross Scheduled Income 138000 Insurance Expense 10000 Mls Actual Status Active Net Operating Income 97000 Number Of Tenants 2 Operating Expense 35000 Ownership Types General Partnership Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 25232.7 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeatInsuranceRepairs Total Monthly Income 11500 Type Mixed Use

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of HUDSON PARKER: 773-330-5356.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T22:58:58.36 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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