3500 N Halsted St Chicago, IL 60657

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.