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$399,000
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Property Description
Free standing building with great exposures, street presence and visibility, formerly, a Popeyes's Chicken restaurant with drive-thru, between Garfield Blvd and 54th St. on Halsted St. just north of BUSY traffic intersection light in of Garfield Blvd and Halsted St., retail corridor district offering multiple possibilities with easy access and ample parking. Located in a densely populated neighborhood and suitable for redevelopment, franchisees usage, restaurants, professions, and many other businesses. Surrounded by major retailers. Within a short distance, to major roads and expressways. Leased for $4,100 per month till Macrh 2026.
Full Property Details
Full Property Details for 5431 S Halsted St
General
- Price: $399,000
- Taxes: $6,712 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12300200
- Updated: 6/9/2025
- Added to Site: 318 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: Halsted St. at 54th Place Garfield Blve. -Halsted St. north to address
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Onsite: Electricity Available, Natural Gas Available, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 16
- Sub-Flooring: Tile
- Stories/Levels: 1
- Square Feet: 1,700
- Year Built: 1985
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 15,625
- Lot Dimensions: 125 x 125
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored
- Assessment Year: 1985
- Tax Amount: $6,712
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Repairs, Scavenger, Tax Stops, Sewer
Disclosures and Reports
- Property ID: 20093280010000
Listed by Century 21 Circle
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Schools
Schools serving 5431 S Halsted St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Dewey Elementary Academy Of Fine Arts 5415 South Union Avenue, 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 5431 S Halsted St
Date
Details
Price
Change
Source
4/14/2025
Price Reduced
$399,000
-13.07%
MLS
3/05/2025
Listed
$459,000
122.82%
MLS
3/05/2010
Sold
$206,000
—
Public Record
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 5431 S Halsted St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,711
3%
$31,807
—
2022
$6,542
2%
$31,807
—
2021
$6,396
-26%
$31,807
-18%
2020
$8,662
11%
$38,882
—
2019
$7,812
2%
$38,882
—
2018
$7,681
—
$38,882
9%
2017
$7,701
7%
$35,773
—
2016
$7,165
9%
$35,773
—
2015
$6,555
-1%
$35,773
—
2014
$6,627
2%
$35,718
—
2013
$6,496
1%
$35,718
—
2012
$6,409
—
$35,718
—
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 5431 S Halsted St
5431 S Halsted Street, Chicago, IL 60609 (MLS# 12300200) is a Commercial property. 5431 S Halsted Street is currently listed for $399,000 and was received on March 05, 2025. Want to learn more about 5431 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.

