Date
Details
Price
Change
Source
1/09/2026
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description & Video
3542 N Halsted Street, Chicago, ILVideo Tour of 3542 N Halsted Street, Chicago, IL.
FULLY MODERNIZED TURNKEY MIXED-USE GEM! nearly 6 Cap Rate. Exceptional investment opportunity at 3542 N Halsted with a total mechanical overhaul completed in 2025, offering a rare "zero-deferred-maintenance" profile in the heart of Northalsted/Lakeview. 2025 MAJOR CAPITAL UPGRADES: Total peace of mind with a NEW ROOF (2025) and NEW high-efficiency HVAC SYSTEMS (2025) for the restaurant and both residential units. Low operating expenses due to new infrastructure and optimized utilities. PREMIER COMMERCIAL ANCHOR: Ground-floor restaurant features a NEWLY FINISHED BASEMENT (2025) for expanded operations/storage and brand-new 2025 HVAC. Prime Halsted frontage located in the center of the entertainment circuit, just 0.3 miles from WRIGLEY FIELD for massive game-day foot traffic. Modern Residential: Two sprawling 3BR/2BA units. Both units feature Granite/Stainless kitchens, and the ultimate rental driver: IN-UNIT WASHER/DRYERS. Unit 2 upgraded in 2023; Unit 3, upgraded in 2022, features 2025 HVAC and views with a patio. an additional income from parking. UNBEATABLE LOCATION: "Walker's Paradise" (96 Score). Steps to WHOLE FOODS, the ADDISON RED LINE, and the Belmont Theater District. Ideal for 1031 Exchange or owner-operator seeking a stabilized, high-appreciation asset in a "Class A" location.
Full Property Details
Full Property Details for 3542 N Halsted St
General
- Price: $2,250,000
- Taxes: $32,194 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12544665
- Updated: 1/15/2026
- Added to Site: 7 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Driving Directions: Take Lakeshore Drive to Belmont to North Halsted south of Addison.
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Loading: Exterior
- Stories/Levels: 3
- Square Feet: 3,075
- # of Stores: 1
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 3,075
- Lot Dimensions: 3075
- Zoning: COMMR
Financial Considerations
- Lease Price: $619
- Insurance Fee: $2,800
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1903
- Tax Amount: $32,194
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Janitorial Service, Varies by Tenant
Disclosures and Reports
- Property ID: 14204070270000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 3542 N Halsted St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nettelhorst Elementary School 3252 North Broadway, Chicago, IL 60657 | PK-8 | 0.5 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3542 N Halsted St
Tax History
Tax History for 3542 N Halsted St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,997
3%
$118,912
—
2022
$26,335
2%
$118,912
—
2021
$25,840
28%
$118,912
41%
2020
$20,239
—
$84,267
-10%
2019
$20,248
2%
$93,630
—
2018
$19,929
13%
$93,630
22%
2017
$17,645
8%
$76,443
—
2016
$16,382
9%
$76,443
—
2015
$15,022
12%
$76,443
15%
2014
$13,362
2%
$66,744
—
2013
$13,113
3%
$66,744
—
2012
$12,773
—
$66,744
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3542 N Halsted St
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- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 2Total Baths
- 1,900Sq. Ft.
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3542 N Halsted Street, Chicago, IL 60657 (MLS# 12544665) is a Commercial property. 3542 N Halsted Street is currently listed for $2,250,000 and was received on January 09, 2026. Want to learn more about 3542 N Halsted Street? Do you have questions about finding other Commercial real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.