Property profile

849 Halsted St Chicago Heights, IL 60411

OFF-MARKET
Retail space
Property ID
US28-1077132
0.07 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a two-unit commercial building configured as mixed-use retail/restaurant and salon space. One unit was historically operated as a restaurant for approximately 30 years and is equipped with a commercial kitchen, appliances, and dining-area furnishings, indicating it is set up for foodservice use. The second unit has operated as a hair salon, with the space arranged for personal services. The building includes a private parking lot and is located on a high-traffic street that provides vehicular and pedestrian visibility. The offering includes the real estate and, for the restaurant unit, the associated business name and included kitchen equipment, appliances, and dining furniture.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Lot 0.07 ac (3,125 SF)
APN 32-16-309-008
UPID US28-1077132

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

849 Halsted St Chicago Heights, IL 60411-2150
Chicago Heights metro Census 828900 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
Last sale
$140,000
2 recorded transactions
2025
$140,000
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 849 Halsted St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message