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    5431 S Halsted St Chicago, IL 60609

    Sponsored
    For Sale
    $399,000

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.36 Acres
    Days on Market:
    173
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 5431 S Halsted St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    20093280010000
    Lot size
    0.36 Acres

    Utilities

    Utilities
    Water Available
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Brick

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 983-1553

    Listing date Jul 17, 2025

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Halsted Street Commercial Building For Sale

    This free-standing commercial building offers great exposure, street presence, and visibility. Formerly a Popeyes's Chicken restaurant with a drive-thru, the property is located on Halsted Street between Garfield Boulevard and 54th Street, just north of the busy traffic intersection light at Garfield Boulevard and Halsted Street. Situated in a retail corridor district, the property offers multiple possibilities with easy access and ample parking. The location is in a densely populated neighborhood and is suitable for redevelopment, franchisees, restaurants, professions, and many other businesses. The property is surrounded by major retailers and is within a short distance of major roads and expressways. The property is currently leased for $4,100 per month until March 2026. The lot size is 0.36 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    In & Out Food Mart ... Convenience Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6448071
    Latitude
    41.7950451

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    FAQs

    What type of property is this?
    Drive through restaurant - Free-standing building with drive-thru in a high-traffic Chicago location.
    Where is this drive through restaurant located?
    The property is located at 5431 S Halsted St Chicago, IL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - High-visibility, free-standing building with street presence on Halsted St.; - Existing drive-thru, formerly a Popeyes restaurant.; - Leased for $4,100 per month until March 2026.
    (773) 983-1553
    Request Owner's contact information
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5431 S Halsted St Chicago, IL 60609
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