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Mixed-use property with restaurant. 1629 N Halsted St

1 Unit Apartment Building For Sale Chicago, IL 60614

Investment Highlights

  • Visit us at kudangroup.com for more info on this listing and similar offerings, including virtual tours and pictures.
  • Join our Facebook group page Hospitality Resource Hub to connect with other industry professionals and receive info on relevant news. Click link below
  • Subscribe to our email list and receive notification on the latest offerings, listing updates and industry information. Click link below.

Executive Summary

This offering presents owner / operators with the opportunity to acquire a second generation restaurant property stabilized by additional income from the apartment and commercial of this two-story mixed-use property. In addition owner and developers alike have the unique opportunity to acquire an extremely rare value-add portfolio, or to pursue the redevelopment of the entire site, which includes four (4) multifamily /mixed-use assets. The former restaurant space, located on the lower level, features a Type I hood and a display walk-in cooler.
This offering includes individual property/ies or entire portfolio. Opportunities range from owner/operator to value-add or development (mixed-use residential or hotel). Additional information on the various option summaries can be found on the Offering Memorandum.
Visit our website at kudangroup.com or refer to the links below for more info on this listing and other hospitality offerings, including restaurants, bars/taverns, entertainment venues, breweries, dispensaries and much more. Stay in the know and receive current updates, new offerings and relevant industry info and events by joining our email list and private Facebook Group page.

Property Facts

Sale Type Investment
No. Units 1
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Lot Size 0.08 AC
Building Size 8,400 SF
No. Stories 2
Year Built 1891

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 - -
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-33-313-028-0000
Land Assessment
$52,080
Improvements Assessment
$94,920
Total Assessment
$147,000

zoning

Zoning Code PD 1484 (Planned Development)
PD 1484 (Planned Development)
  • Listing ID: 34345729

  • Date on Market: 1/2/2025

  • Last Updated:

  • Address: 1629 N Halsted St, Chicago, IL 60614

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