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$399,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 3,000 Sq. Ft.
  • Updated 1 day ago
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Stop dreaming, your dream just came true! This is a great investment opportunity to open your own restaurant or other business. The property features a barbershop on the south side of the building and a restaurant on the north side, allowing you to operate one business while generating rental income from the other. The restaurant is fully equipped and ready for immediate operation, including commercial stoves, 4 refrigerators, 1 freezer, professional large cooking hoods, tables and chairs, and a bar area, plus much more. The property includes newer furnaces and a fenced alley area for added security. Situated on a large lot with 20 plus parking spaces, this location offers excellent accessibility. Conveniently located less than 5 minutes from I-294, nearby hotels, Wind Creek Chicago Casino, and an upcoming large gas station.

Full Property Details for 16517 Halsted St

General

  • Price: $399,900
  • Taxes: (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12474833
  • Updated: 1/16/2026
  • Added to Site: 2 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)

Location

  • Area: Harvey
  • County: Cook
  • Township: Thornton
  • Driving Directions: South Halsted to address. Hasted and 165th ST.
  • Location Details: Empowerment Zone, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 1
  • Square Feet: 3,000
  • Current Bldg. Use: Commercial
  • Year Built: 1970

Unit Information

  • Extra Storage Avail: Yes

Lot Features

  • Lot Size (Sq. Ft.): 13,381
  • Lot Dimensions: 108 x 124
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
  • Assessment Year: 1970
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 29213080470000

Listed by Ruiz Realty, Inc.

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Listing agent

— 16517 Halsted St —

  • Ruiz Realty, Inc.

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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

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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 16517 Halsted St

School Districts:South Holland School District 151, Thornton Township High School District 205
NameGradesDistance
Taft School
393 East 163rd Street, Harvey, IL 60426
PK-10.4 mi
Madison School, South Holland, IL
15700 Orchid Drive, South Holland, IL 60473
4-52.2 mi
Eisenhower School, South Holland, IL
16001 Minerva Avenue, South Holland, IL 60473
2-32.6 mi
Coolidge Middle School, Phoenix, IL
15500 7th Avenue, Phoenix, IL 60426
6-81.3 mi
Thornwood High School
17101 South Park Avenue, South Holland, IL 60473
9-121.7 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 16517 Halsted St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Listed
$399,900
627.09%
MLS
6/26/2018
Sold
$55,000
—
Public Record
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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 16517 Halsted St

Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
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 Ruiz Realty, Inc.

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16517 Halsted Street, Harvey, IL 60426 (MLS# 12474833) is a Commercial property. 16517 Halsted Street is currently listed for $399,900 and was received on January 15, 2026. Want to learn more about 16517 Halsted Street? Do you have questions about finding other Commercial real estate for sale in Harvey? You can browse all Harvey real estate or contact a Coldwell Banker agent to request more information.

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