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    1623 N Halsted St Chicago, IL 60642

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    For Sale
    Contact for pricing

    Mixed-use property featuring residential units and commercial spaces.

    Lot size:
    0.32 Acres

    Property Features for 1623 N Halsted St

    General Information

    Lot size
    0.32 Acres

    Source: CBRE | Chicago Agent Tom Svoboda

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Income Potential

    This mixed-use property features 8 residential units and 5 commercial spaces. The building has a total size of 23,031 square feet and is situated on a 14,302 square foot lot. There are 14 parking spaces available. The property is currently zoned PD 1484.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mangia Roma Pizzeria ... Italian Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6479184
    Latitude
    41.9116721

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring residential units and commercial spaces.
    Where is this mixed-use property located?
    The property is located at 1623 N Halsted St Chicago, IL.
    What are key features of this property?
    This property features: - Mixed-use property featuring 8 residential units and 5 commercial spaces; - Substantial 23,031 SF building size; - Large 14,302 SF land area
    (312) 935-1481
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    1623 N Halsted St Chicago, IL 60642
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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
    1623 N Halsted St Chicago, IL 60642
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