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Property profile & analytics

2843 Halsted St Chicago, IL 60657-5105

  • Residential income homes
  • 6,062 SF
  • 0.10 lot acres
OFF-MARKET
Last Sale
May 24, 2024
Value Estimations
$485,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-5699103
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Be Found Online / Internet Marketing Service / Advertising Agency

Property Details for 2843 Halsted St

Year built
1897
Construction
FRAME
Lot size
0.10 lot acres
Property size
6,062 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
14-28-114-014
APU
1428114014

Description

This exceptional two-story commercial building, totaling 6,400 square feet (4,400 square feet on the ground floor and 2,000 square feet on the second floor), presents a unique investment opportunity in Chicago's affluent Lake View neighborhood. Built in 1920, the property boasts significant restaurant infrastructure, including multiple bars, a fully equipped kitchen with a hood system, high timber loft ceilings, a skylight, and exposed brick walls, creating a captivating atmosphere. A retractable garage door along Halsted Street opens to an inviting outdoor seating area. Its prime location is just steps from the Wellington and Diversey "L" stations, providing excellent transit access. The building is also within one mile of Lake Shore Drive and less than three miles from Interstate-90/94, ensuring convenient access to major transportation arteries. Its proximity to Advocate Illinois Masonic Medical Center, Wrigley Field, and DePaul University's campus further enhances its appeal. The high-traffic location at the intersection of Halsted Street and Diversey Parkway (22,700 vehicles per day) guarantees high visibility and foot traffic. Nearby, a vibrant mix of retailers includes Mariano's, Walmart, Target, Home Depot, Trader Joe's, and many other national and local businesses. This property offers a rare blend of historical charm and modern convenience, making it an ideal investment for discerning buyers.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $485,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6487
Latitude
41.934
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$32,433
$77,035
$71,965
$149,000
-
$770,350
$719,650
$1,490,000
More about this property
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