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$1,850,000

  • For Sale
  • Active
  • Store
  • 47,000 Sq. Ft.
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TURNKEY Investment Opportunity! FULLY LEASED with two, high quality, long-term tenants. NNN leases with 9- and 4-year remaining terms make this an armchair investment for many years to come. NOI $112,785 and a CAP RATE of 6.1 in 2026 and both leases have yearly escalations. Combined, they total 3,004 square feet of 13' tall retail space with high quality buildouts. Also included is 1 indoor parking space. Both stores have outdoor seating areas in the summer months. This premium space is on the ground floor of a 25-unit high-end condo building built in 2004. It has its own tax PIN and IS NOT PART OF THE CONDO ASSOCIATION. Prominent corner location with 137' frontage at the high traffic stop-sign corner of Halsted and Cornelia, one block south of Addison, in the East Lakeview neighborhood. 1-mile population radius 92K, 3-mile 410K. Average Household Income is $148K, daily traffic 13K, Walk Score 96, Transit Score 86. The new 71,000 SF Howard Brown Health Center is across the street and Wrigley Field, Whole Foods, and Target are all within three blocks of the property. Halsted #8 bus stop is on the corner, and the CTA Red line stop is 2.5 blocks away. PLEASE DO NOT DISTURB TENANTS

Full Property Details for 3500 N Halsted St

General

  • Price: $1,850,000
  • Taxes: $34,162 (2024)
  • Status: Active
  • Type: Store
  • Source: MRED
  • MLS ID: 12553256
  • Updated: 2/11/2026
  • Added to Site: 58 day(s) ago

Interior

  • Interior Features: Accessible Washroom/s, Multi-Tenant

Additional Information

  • Security/Safety: Alarm on Site, Fire Extinguisher(s), Smoke or Fire Protectors

Location

  • Area: CHI - Lake View
  • County: Cook
  • Township: Lake View
  • Driving Directions: Halsted to Cornelia (3500 N), Northwest Corner
  • Location Details: Corner, Public Transport Avail, Freestanding/Urban, Special Taxing District, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Central Individual, Exhaust Fan
  • Heating Type: Central Heat/Individual Controls, Electric, Forced Air

Structural Information

  • Construction: Concrete, Steel Siding, Brick, Stone
  • Exterior Const.: Concrete, Steel Siding, Brick, Stone
  • Ceiling Height: 13
  • Drive-In Doors: 1
  • Stories/Levels: 5
  • Square Feet: 47,000
  • Year Built: 2004

Unit Information

  • # Tenants: 2

Lot Features

  • Lot Size (Sq. Ft.): 13,750
  • Lot Dimensions: 110 x 125
  • Frontage: City Street
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Assessment Year: 2004
  • Tax Amount: $34,162
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Trash Collection

Disclosures and Reports

  • Property ID: 14204070490000

Listed by Marvin G. Grahn

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Listing agent

— 3500 N Halsted St —

  • Marvin G. Grahn

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3500 N Halsted St

School District:Chicago Public School District 299
NameGradesDistance
Nettelhorst Elementary School
3252 North Broadway, Chicago, IL 60657
PK-80.4 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3500 N Halsted St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$1,850,000
359.06%
MLS
6/20/2007
Sold
$403,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3500 N Halsted St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$58,460
3%
$257,493
—
2022
$57,027
2%
$257,493
—
2021
$55,955
65%
$257,493
82%
2020
$34,012
11%
$141,613
—
2019
$30,624
2%
$141,613
—
2018
$30,142
-18%
$141,613
-11%
2017
$36,786
8%
$159,370
—
2016
$34,154
9%
$159,370
—
2015
$31,318
15%
$159,370
18%
2014
$27,151
2%
$135,617
—
2013
$26,644
3%
$135,617
—
2012
$25,953
—
$135,617
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Marvin G. Grahn

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3500 N Halsted Street, Chicago, IL 60657 (MLS# 12553256) is a Store property. 3500 N Halsted Street is currently listed for $1,850,000 and was received on February 05, 2026. Want to learn more about 3500 N Halsted Street? Do you have questions about finding other Store real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

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