3500 N Halsted Street Chicago, IL 60657
Fully leased retail space with long-term tenants in East Lakeview.
Type:Commercial
Property size:
3,004 SF- Added:
- Feb 5, 2026
- Days on Market:
- 76
- Last Refresh:
- Apr 5 at 8:29 pm
Property Features for 3500 N Halsted Street
General Information
- Standard status
- Active
- Size
- 3,004 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing agent MARVIN GRAHN
Listing office MARVIN G. GRAHN (773) 227-0900
Listing date Feb 5, 2026
Source Corcoran
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 MARVIN G. GRAHN
Overview
Leased Retail Space Investment Opportunity
This is a fully leased investment opportunity featuring two high-quality, long-term tenants under NNN leases. The leases have remaining terms of 9 and 4 years. The combined space totals 3,004 square feet of retail space with 13' tall ceilings and high-quality buildouts. The property generates an NOI of $112,785 with a CAP RATE of 6.1 in 2026, and both leases include yearly escalations. The property also includes 1 indoor parking space. Both stores have outdoor seating areas available during the summer months. Located on the ground floor of a 25-unit high-end condo building constructed in 2004, the property has its own tax PIN and is not part of the condo association. It occupies a prominent corner location with 137' of frontage at the high-traffic stop-sign corner of Halsted and Cornelia, one block south of Addison, in the East Lakeview neighborhood. The surrounding area has a 1-mile population radius of 92,000 and a 3-mile radius of 410,000. The average household income is $148,000. Daily traffic count is 13,000. The Walk Score is 96, and the Transit Score is 86. The new 71,000 SF Howard Brown Health Center is located across the street, and Wrigley Field, Whole Foods, and Target are all within three blocks of the property. The Halsted #8 bus stop is on the corner, and the CTA Red line stop is 2.5 blocks away.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Two Hearted Queen ...
Cafe & Coffee Shop
Stussy's Diner
Restaurant
Similar Places Nearby
- Les Fleurs du Mal — 915 W Belmont Ave, Chicago, IL 60657
- Luna Flowers Lakeview — 3226 N Sheffield Ave, Chicago, IL 60657
- Wicked Plants — 3240 N Clark St, Chicago, IL 60657
- Halsted Flowers, LLC — 2725 N Halsted St, Chicago, IL 60614
- The Flower Flat — 620 W Addison St, Chicago, IL 60613
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6498
- Latitude
- 41.9457
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Fully leased retail space with long-term tenants in East Lakeview.
Where is this storefront property located?
The property is located at 3500 N Halsted Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Fully leased with two high‑quality, long‑term tenants under NNN leases; High NOI of $112,785 and a CAP Rate of 6.1 in 2026 with yearly lease escalations; Prominent corner location with 137' frontage at a high‑traffic intersection in East Lakeview
