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$500,000
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Property Description
Discover a remarkable opportunity at 5154 S Halsted St, a versatile mixed-use property located in the heart of Chicago. This residence is uniquely designed to cater to diverse needs, making it ideal for a pastor seeking a new church home while simultaneously generating rental income from the upstairs apartments to support the community and cover operational costs. Currently operating as a thriving church, this space is perfect for a variety of uses including an event space, banquet hall, or restaurant. The main floor features a welcoming sanctuary that comfortably seats at least 100 worshippers, complemented by two restrooms, and a kitchen with a dining area. This well-appointed space is also individually heated, ensuring comfort for all gatherings. The upper level houses three distinct apartments, providing a steady income stream for the new owner. These units consist of a generous 4 bedroom apartment, a cozy 2 bedroom apartment and a charming 1 bedroom apartment. Each apartment is equipped with individual heating, offering tenants comfort and privacy. This property is not just a building; it represents a community hub, providing a sanctuary for worship and a means for financial support through its rental units. Whether you're looking to expand your ministry or invest in a property with unlimited potential, 5154 S Halsted St is the perfect fit. Schedule your tour today!!
Full Property Details
Full Property Details for 5154 S Halsted St
General
- Price: $500,000
- Taxes: $6,604 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12509545
- Updated: 11/20/2025
- Added to Site: 74 day(s) ago
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: Halsted Street N/S to address
- Location Details: Chicago South, Corner, Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1885
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 2800
- Potential Use: Commercial, Retail, Special Use, Other
- Zoning: MULTI
Financial Considerations
- Security Deposit: Alarm On Site
- Assessment Year: 1885
- Tax Amount: $6,604.06
- Tax Year: 2024
Disclosures and Reports
- Property ID: 20084070440000
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 5154 S Halsted St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sherman School of Excellence 1000 West 52nd Street, Chicago, IL 60609 | PK-8 | 0.2 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 5154 S Halsted St
Date
Details
Price
Change
Source
11/03/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5154 S Halsted St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,681
3%
$22,186
—
2022
$4,563
-22%
$22,186
-23%
2021
$5,831
24%
$28,999
38%
2020
$4,689
—
$21,049
-10%
2019
$4,698
-40%
$23,381
-41%
2018
$7,831
25%
$39,642
36%
2017
$6,268
7%
$29,118
—
2016
$5,832
9%
$29,118
—
2015
$5,336
12%
$29,118
14%
2014
$4,757
2%
$25,637
—
2013
$4,663
1%
$25,637
—
2012
$4,600
—
$25,637
—
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 5154 S Halsted St
5154 S Halsted Street, Chicago, IL 60609 (MLS# 12509545) is a Commercial property. 5154 S Halsted Street is currently listed for $500,000 and was received on November 03, 2025. This property is listed by Jerry Goodwin from our Oak Lawn Office.Want to learn more about 5154 S Halsted Street? Do you have questions about finding other Commercial real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.


