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Halsted Street Commercial Space Available

2507 N Halsted St, Chicago, IL 60614

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For Sale

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1,400 SF commercial space on Halsted Street for sale.

Type:Office, Retail

Property size:

1,400 SF

Price / SF:

$350/SF

HighLights

1,400sqft medical office space ready for immediate occupancy
Prime location on Halsted Street, north of Fullerton Ave, with high visibility
Zoned B1‑2, suitable for a variety of business uses
Supported by numerous anchor tenants including Equinox, Philz Coffee, and Chase Bank
Equipped with 2 bathrooms and water/sewer in nearly every office
Includes laundry/utility room with washer/dryer hookups and a large mechanical room

We can help!

Contact an agent

Aaron Spiro

Learn more

For Sale

Contact for pricing

1,400 SF commercial space on Halsted Street for sale.

Type:Office, Retail

Property size:

1,400 SF

Price / SF:

$350/SF

Added:: Jan 24, 2026
Days on Market:: 161
Last Refresh:: Mar 17 at 1:13 pm

Property Features for 2507 N Halsted St

General Information

Standard status: Active
Size: 1,400 SF
Property subtype: Office, Retail

We can help!

Contact an agent

Aaron Spiro

Listing office The Record Realty Team - Pearson Realty Group

Listing date Jan 24, 2026

Source Crexi

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 The Record Realty Team - Pearson Realty Group

HighLights

1,400sqft medical office space ready for immediate occupancy
Prime location on Halsted Street, north of Fullerton Ave, with high visibility
Zoned B1‑2, suitable for a variety of business uses
Supported by numerous anchor tenants including Equinox, Philz Coffee, and Chase Bank
Equipped with 2 bathrooms and water/sewer in nearly every office
Includes laundry/utility room with washer/dryer hookups and a large mechanical room

Overview

This 1,400 square foot commercial space is equipped with two bathrooms and water/sewer access in nearly every office. A laundry/utility room includes hookups for a washer and dryer, and there is a large mechanical room. Zoned B1-2, the property is located on Halsted Street, north of Fullerton Avenue, near anchor tenants such as Equinox, Philz Coffee, Raising Canes, Parsons, and Chase Bank. The property is suitable for an owner-operator looking to open their first location or expand their business. The property can be used as medical office space, office space, retail space, or general commercial real estate.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$53.8k	$38.40
− Vacancy	−$13.7k	−$9.79
EGI	$40.1k	$28.61
− OpEx	−$10.0k	−$7.15
NOI	$30.0k	$21.46

1,400 SF · lease $38.40/SF/yr · vacancy 25.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$429.1K

$375.5K – $500.6K (±1% cap)

NOI $30,038 @ 7.0% cap · market cap 6.13%

Second Best

Retail

$276.7K

$242.1K – $322.8K (±1% cap)

NOI $19,369 @ 7.0% cap · market cap 3.95%

Theoretical Best

Office A

$660.1K

$577.6K – $770.1K (±1% cap)

NOI $46,207 @ 7.0% cap · market cap 9.43%

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

Location Intelligence

Current Use by Public Records

Nawar Hatoum M.D. Physician Chicago maternal Fetal ... Physician

Suggested Use

Similar Places Nearby

Family Pet Animal Hospital, A Thrive Pet Healthcare Partner — 1401 W Webster Ave, Chicago, IL 60614
Kriser's Veterinary — 2055 n clybourn ave, chicago, il 60614
Van Pelt R a DVM — 1401 W Webster Ave, Chicago, IL 60614
Fourwell - Kriser's Veterinary Clinic — 2055 n clybourn ave, chicago, il 60614
Vetco Total Care Animal Hospital — 2000 N Clybourn Ave, Chicago, IL 60614

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6484844
Latitude: 41.9275531

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For sale
Medical Office Space
IL
Chicago
60614
2507 N Halsted St

What type of property is this?

Medical Office Space - 1,400 SF commercial space on Halsted Street for sale.

Where is this medical office space located?

The property is located at 2507 N Halsted St Chicago, IL.

What is the asking price?

The asking price for this property is $490,000.

What are key features of this property?

This property features: 1,400sqft medical office space ready for immediate occupancy; Prime location on Halsted Street, north of Fullerton Ave, with high visibility; Zoned B1‑2, suitable for a variety of business uses