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Versatile Mixed-Use Chicago Property
For Sale
$500,000

5154 South Halsted Street, Chicago, IL 60609

Mixed-use property ideal for church, event space, or restaurant.

Property Size3,125 SF
Price / SF$160
Days on Market448

Property Features for 5154 South Halsted Street

General Information

Standard status Active
Size 3,125 SF
Zoning MULTI

Taxes and HOA fees

Annual Taxes $6,604

Building Details

Year Built 1885
Stories 2
Listing Agency: Real People Realty, Inc.
Listed By: Jerry · License #475143642
Source: Compass
Added: May 20, 2025 Changed: Aug 10 Last Checked: Aug 10 at 9:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real People Realty, Inc.

Investment Insights

Based on property information with market context.

Located in Chicago, the mixed-use property at 5154 S Halsted St is suitable for a pastor seeking a new church home while generating rental income from the upstairs apartments. Currently operating as a church, this space is also suited for use as an event space, banquet hall, or restaurant. The main floor features a sanctuary that seats at least 100 worshippers, two restrooms, and a kitchen with a dining area. The main floor is individually heated. The upper level houses three apartments, including a 4-bedroom, a 2-bedroom, and a 1-bedroom unit, each with individual heating. The property provides a sanctuary for worship and a means for financial support through its rental units.

Key Highlights

  • Mixed‑use property ideal for generating rental income while serving community needs
  • Main floor sanctuary seats 100+ with 2 restrooms, kitchen, and dining area
  • Three upper‑level apartments (4‑bedroom, 2‑bedroom, and 1‑bedroom) provide rental income

Property Analytics

Current Use

Pillar of Truth Evangelistic Church

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Accounting Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property ideal for church, event space, or restaurant.
Where is this mixed-use property located?
The property is located at 5154 South Halsted Street Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Mixed‑use property ideal for generating rental income while serving community needs; Main floor sanctuary seats 100+ with 2 restrooms, kitchen, and dining area; Three upper‑level apartments (4‑bedroom, 2‑bedroom, and 1‑bedroom) provide rental income
More about this property
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