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$235,000

  • For Sale
  • Active
  • Commercial
  • 3,750 Sq. Ft.
  • Updated 2 days ago
See This Home
Save This Home
See This Home
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Take advantage of this exciting business opportunity! In the four-bedroom apartment above the storefront, you can join other small business owners living close to their businesses. Property values are rapidly increasing as the area undergoes significant gentrification, with new developments being introduced. This opportunity is situated on a high-traffic street near a major intersection. The property comprises two lots and features a 13-car parking lot, currently leased to an adjacent business. Additionally, the property features a two-car garage. Both the apartment and storefront are presently rented, albeit at a below-market value, which still provides immediate cash flow. The current tenants also cover their utilities. The time to invest is now!

Full Property Details for 5517 S Halsted St

General

  • Price: $235,000
  • Taxes: $13,769 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12346400
  • Updated: 1/14/2026
  • Added to Site: 269 day(s) ago

Interior

  • Interior Features: Basement
  • Flooring: Carpet, Vinyl

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: CHI - Englewood
  • County: Cook
  • Township: Lake
  • Driving Directions: 55th St. to Halsted St. south to the property.
  • Location Details: Chicago South, Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Storm Sewer
  • Water: Municipal Water
  • Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available

Structural Information

  • Construction: Brick, Vinyl Siding
  • Exterior Const.: Brick, Vinyl Siding
  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel
  • Sub-Flooring: Carpet, Vinyl
  • Stories/Levels: 2
  • Square Feet: 3,750
  • Current Bldg. Use: Commercial
  • # of Stores: 1
  • Year Built: 1894
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 2

Lot Features

  • Lot Size (Sq. Ft.): 6,150
  • Lot Dimensions: 50 x 123
  • Frontage: City Street
  • Drainage: Storm Sewers
  • Potential Use: Commercial, Office, Multi-Family, Retail
  • Zoning: COMMR

Financial Considerations

  • Insurance Fee: $2,656
  • Operating Expenses: $4,785
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1894
  • Tax Amount: $13,769
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Documents Avail.: Rent Roll, Leases
  • Property ID: 20161000040000

Listed by Re/Max 10

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— 5517 S Halsted St —

  • Re/Max 10

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 5517 S Halsted St

School District:Chicago Public School District 299
NameGradesDistance
Dewey Elementary Academy Of Fine Arts
5415 South Union Avenue, Chicago, IL 60609
PK-80.2 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 5517 S Halsted St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/24/2025
Price Reduced
$235,000
-14.51%
MLS
4/23/2025
Listed
$274,900
—
MLS
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 5517 S Halsted St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,055
3%
$4,999
—
2022
$1,028
2%
$4,999
—
2021
$1,005
-59%
$4,999
-55%
2020
$2,454
-4%
$11,018
-13%
2019
$2,545
2%
$12,665
—
2018
$2,502
-17%
$12,665
-9%
2017
$3,012
7%
$13,992
—
2016
$2,802
9%
$13,992
—
2015
$2,564
16%
$13,992
18%
2014
$2,201
2%
$11,862
—
2013
$2,157
1%
$11,862
—
2012
$2,129
—
$11,862
—
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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5517 S Halsted Street, Chicago, IL 60621 (MLS# 12346400) is a Commercial property. 5517 S Halsted Street is currently listed for $235,000 and was received on April 23, 2025. Want to learn more about 5517 S Halsted Street? Do you have questions about finding other Commercial real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

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