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Mixed-Use Property with Storefront
For Sale
$235,000

5517 South Halsted Street, Chicago, IL 60621

Includes a four-bedroom apartment, parking, and a two-car garage, with both commercial and residential spaces currently rented.

Property Size6,150 SF
Price / SF$38.21
Days on Market535

Property Features for 5517 South Halsted Street

General Information

Standard status Active
Size 6,150 SF
Total Parking Spaces 15
Zoning COMMR
Occupancy 100%
Net Operating Income $10,600

Taxes and HOA fees

Annual Taxes $13,769

Building Details

Year Built 1894
Stories 2
Tenancy Multi
Listing Agency: RE/MAX Synergy
Listed By: Milton Payton · License #475135862
Source: Compass
Added: Mar 16, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:51PM

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 RE/MAX Synergy

Investment Insights

Based on property information with market context.

This mixed-use property combines a storefront with a four-bedroom apartment positioned above the commercial space. The building contains 6,150 square feet and dates to 1894. Both components are currently rented, and the occupants pay their own utilities. The property is zoned COMMR.

The offering includes two lots at 5517 South Halsted Street in Chicago. On-site parking accommodates 13 cars and is currently leased to an adjacent business. A separate two-car garage adds additional covered vehicle or storage capacity.

Key Highlights

  • 6,150‑square‑foot mixed‑use building constructed in 1894
  • Four‑bedroom apartment above a storefront
  • Both the apartment and storefront are currently rented

Property Analytics

Current Use

One Stop Furniture ... Furniture & Home Goods

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Spa & Massage Center Parking Lot & Garage

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
8,294 visits/mo 0.0 miles
BP Shops & Services
7,838 visits/mo 0.5 miles
Citgo Shops & Services
7,377 visits/mo 0.5 miles

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a four-bedroom apartment, parking, and a two-car garage, with both commercial and residential spaces currently rented.
Where is this mixed-use property located?
The property is located at 5517 South Halsted Street Chicago, IL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 6,150‑square‑foot mixed‑use building constructed in 1894; Four‑bedroom apartment above a storefront; Both the apartment and storefront are currently rented
More about this property
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