Carry-Out Restaurant with Cooking
For Sale
Contact for pricing
5458 S Halsted Street, Chicago, IL 60609
Customer ordering and pickup space connects to a commercial cooking area, prep stations, refrigeration, and rear storage.
Property Size1,300 SF
Price / SF$0.02
Days on Market32
Property Features for 5458 S Halsted Street
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Restaurant
Site & Location
Neighborhood
Back of the Yards
Restaurant
Commercial Hood
Yes
Equipment Included
No
Building Details
Year Built
1934
Listing Agency:
Kawash Group
(630) 337-9126
Listed By:
Fares Suleiman
Source:
Helenoliveri
Added: Oct 1
Changed: Oct 28
Last Checked: Nov 1 at 3:22AM
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 Kawash Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,300-square-foot restaurant space has a customer ordering and pickup area, a commercial cooking line, stainless steel prep stations, refrigeration, and rear utility and storage areas. Equipment shown includes cooking, refrigeration, and food-preparation fixtures; equipment is offered separately, and the final inventory is subject to confirmation. The building dates to 1934.
The storefront is near the Garfield Boulevard and Halsted Street intersection, with bus stops nearby. The address is 5458 S Halsted Street in Chicago.
The storefront is near the Garfield Boulevard and Halsted Street intersection, with bus stops nearby. The address is 5458 S Halsted Street in Chicago.
Key Highlights
- 1,300‑square‑foot carry‑out restaurant space
- Customer ordering and pickup area with a commercial cooking line
- Stainless steel prep stations, refrigeration, and rear utility and storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,196
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,920
$483.9K
Cap Rate 7%
$345,657
$345.7K
Cap Rate 9%
$268,844
$268.8K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$34.3K $26.40/SF
− Vacancy
−$2.1K −$1.58/SF
EGI
$32.3K $24.82/SF
− OpEx
−$8.1K −$6.20/SF
NOI
$24.2K $18.61/SF
Area
Chicago, IL
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,920
Cap Rate 7%
$345,657
Cap Rate 9%
$268,844
Alternative Uses
Best Use
Specialty Retail
$345.7K
$302.5K – $403.3K
NOI $24,196 @ 7.0% cap · market cap 115,219.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$612.9K
$536.3K – $715.1K
NOI $42,906 @ 7.0% cap · market cap 204,314.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Customer ordering and pickup space connects to a commercial cooking area, prep stations, refrigeration, and rear storage.
Where is this conventional restaurant located?
The property is located at 5458 S Halsted Street Chicago, IL.
What are key features of this property?
This property features: 1,300‑square‑foot carry‑out restaurant space; Customer ordering and pickup area with a commercial cooking line; Stainless steel prep stations, refrigeration, and rear utility and storage areas
