3316 N Halsted Street
Chicago, IL 60657

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $2,100,000

About this home

This is a massive commercial grade mixed-use building constructed in 1999. Located in the heart of Lakeview, this property is truly turnkey and never lacking for prospective tenants. Perfect for an owner operator who can utilize the 2400 SQFT commercial space and is looking for substantial income from the three identical layout 3 bed 2 bath units above or the property can perform on its own as a straight-ahead investment asset. All three apartments are condo quality 2100 SQFT units. The residential units have in-unit laundry, stainless steel appliances, high volume ceilings; multiple outdoor spaces and hardwood floors throughout that ensure they yield top of market rents. This property has 3 parking spaces.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 21-25 Years
3 Bedroom Unit in Building Yes
Approx Year Built 2000
Parking Total 3
Exterior Building Type Brick, Block, Stone
Parking Features Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lake View
Zoning Type COMMR
Corporate Limits Chicago
Directions ONE BLOCK NORTH OF BELMONT ON WEST SIDE OF HALSTED
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description None
Bath Amenities Whirlpool, Separate Shower, Double Sink, Soaking Tub
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 7
Full Baths in Building Count 3
Half Baths in Building Count 4
Total Rooms 23
Units
unit 1
Baths Total 1
Actual Rent 5800
Appliances And Features Refrigerator, Central Air Conditioner
Half Baths Total 1
Lease Expiration Date OWNR
Rooms Total 5
Security Deposit NA
Tenant Pays Electric, Gas, Heat, Parking
Floor Number M
Square Feet 2400
unit 2
Beds Total 3
Baths Total 2
Actual Rent 3200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Fireplace-Gas, Range Hood, Hardwood Floors, Walk-In Closet, Oven/Built-in
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date 08/24
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 2100
unit 3
Beds Total 3
Baths Total 2
Actual Rent 3700
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Fireplace-Gas, Range Hood, Hardwood Floors, Walk-In Closet, Oven/Built-in
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date 06/25
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 3
Square Feet 2100
unit 4
Beds Total 3
Baths Total 2
Actual Rent 3600
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Fireplace-Gas, Range Hood, Hardwood Floors, Walk-In Closet, Oven/Built-in
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date MKT
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 4
Square Feet 2100
Property / Lot Details
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 1080
Electric Expense Source Actual
Financing Conventional
Gross Rental Income $204,600
Insurance Expense $3,441
Insurance Expense Source Actual
Other Addl Income Parking Space/s
Scavenger Expense $2,640
Investment Profile Residential Income
Water Expense $3,852

Tax/Assessments/Liens

PIN 14204200440000
Special Assessments N
Taxes $33,375
Tax Year 2022
$2,100,000 Listing Price:
MLS # 12005366
Investment Profile Residential Income
Listing Market Time 109 days
Basement None
Type Unit 4 Flat
Number of Units in Building 4
Parking Space/s
List Date 03/15/2024
Year Built 2000
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