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Apartment Building with Commercial Spaces
For Sale
$1,700,000

1623 N Halsted Street, Chicago, IL 60614

Zoned PD 1484 and includes 8 residential units plus 5 commercial spaces with 14 parking spaces.

Property Size23,031 SF
Lot Size0.33 Acres
Price / SF$73.81
Days on Market506

Property Features for 1623 N Halsted Street

General Information

Standard status Active
Size 23,031 SF
Total Parking Spaces 14
Lot size 0.33 Acres
Property subtype MULTI_FAMILY
Zoning PD 1484

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $24,323

Building Details

Year Built 1896
Buildings 1
Listing Agency: Millennium Properties RE, Inc. 312-338-3000 Overview Additional information MLS R ID 12357009 Interior features Bedrooms 6 Total Bathrooms 7 Heating Yes Exterior features Other property details Taxes $24,323 Tax Frequency Annually Garage Yes Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Daniel Hyman with Millennium Properties RE, Inc. 312-338-3000
Listed By: Daniel Hyman
Source: Dawnmckennagroup
Added: May 5, 2025 Changed: Sep 16 Last Checked: Sep 21 at 7:38AM

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 Millennium Properties RE, Inc. 312-338-3000 Overview Additional information MLS R ID 12357009 Interior features Bedrooms 6 Total Bathrooms 7 Heating Yes Exterior features Other property details Taxes $24,323 Tax Frequency Annually Garage Yes Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Daniel Hyman with Millennium Properties RE, Inc. 312-338-3000

Investment Insights

Based on property information with market context.

This apartment building offers a combined residential and commercial layout, with 8 residential units and 5 commercial spaces. The property totals 23,031 SF of building area and sits on 14,302 SF of land. There are 14 parking spaces on site.

The property is currently zoned PD 1484. The address is 1623 N Halsted St, Chicago, IL 60614.

Key Highlights

  • Zoned PD 1484
  • 8 residential units and 5 commercial spaces
  • 23,031 SF total building size

Property Analytics

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Current Use

Mangia Roma Pizzeria ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Accounting Firm Nursing Home Food Market Barber Shop Butcher

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,277
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Zoned PD 1484 and includes 8 residential units plus 5 commercial spaces with 14 parking spaces.
Where is this apartment building located?
The property is located at 1623 N Halsted Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Zoned PD 1484; 8 residential units and 5 commercial spaces; 23,031 SF total building size
More about this property
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