1625 N Halsted St

Chicago, IL 60614

$2,100,000
Price
9
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a building with a glass door
a view of lobby
a view of a room with shelves
a kitchen with stainless steel appliances a sink and a refrigerator
an empty room with wooden floor and windows
a view of balcony with deck and outdoor space
a picture of a floor plan
a picture of a bathroom with a sink
a picture of a room with a white wall and a clock

Description

Located at 1625 N Halsted, this 4 unit, 8,174 SF property is ideally positioned in one of Chicago's most dynamic and upscale neighborhoods-offering exceptional potential for residential or boutique hotel development. The ground floor former restaurant space offers the opportunity for an owner/user to open up shop and use the residential unit income to cover their mortgage or an investor looking for cash flow. Fully leased this property can generate $250k in income, with a projected NOI of $170,000....Located at 1625 N Halsted, this 4 unit, 8,174 SF property is ideally positioned in one of Chicago's most dynamic and upscale neighborhoods-offering exceptional potential for residential or boutique hotel development. The ground floor former restaurant space offers the opportunity for an owner/user to open up shop and use the residential unit income to cover their mortgage or an investor looking for cash flow. Fully leased this property can generate $250k in income, with a projected NOI of $170,000. The surrounding area is a thriving destination, just blocks from iconic cultural and lifestyle attractions including the renowned Steppenwolf Theatre, Whole Foods, Apple, Crate & Barrel, and award-winning restaurants such as Alinea and Boka. The property benefits from excellent connectivity-just one block north of the CTA Clybourn Station and directly served by the high-trafficHalsted bus route. Just steps from the vibrant North and Clybourn intersection, this location places you near some of the city's premier retail, dining, and nightlife corridors. The site is also less than a mile from DePaul University's main campus, contributing to the area's continued economic strength. This property also includes 4 car garage and select upgrades, including a black iron top stove, offering added value. The property can be purchased individually or as a portfolio together with 1625 N Halsted, 1629 N Halsted, and 1631 N Halsted.

Property Details for 1625 North Halsted Street

Area
CHI - Lincoln Park
Township
North Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
PMD
LISTING UPDATED: 07/27/2025 12:06 AM

Property Details for 1625 North Halsted Street

StatusActive
MLS #12357632
Days on Market259
Taxes$44,519 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Story Unit/S
Year Built2004
Lot Size0.08 AC / 3,360 SF
CountyCook County

Location

Listing Courtesy of Millennium Properties RE, Inc.
Add your commute

Building Information for 1625 North Halsted Street

Stories-Residences4Year Built2004Building Size-Lot Size0.08 AC / 3,360 SF

Payment Calculator

$14,087 per month

30 year fixed, 6.28% Interest

Principal and Interest

$10,377

Property Taxes

$3,710

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1625 North Halsted Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 15
  • Bedrooms Total: 9
  • Bedrooms (Below Grade): 0
  • Basement Type: Partially Finished, None, Full
  • Bedrooms Possible: 9
  • Basement Bathrooms: No
  • # Full Baths in Building: 6
  • # Half Baths in Building: 2
  • Num of Baths: 6.2
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 21-25 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24X140
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Construction: Brick
  • General Information: None
  • North Coordinate: 1100
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 800
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 9
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $1,127.00
  • Fuel Expense: $1,476.00
  • Gross Income: $249,498.00
  • Insurance Expense: $10,774.00
  • Net Operating Income: $170,339.00
  • Trash Expense: $1,372.00
  • Water Sewer Expense: $1,372.00
  • Other Expenses $: 9288
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $3,950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/26
Unit 4
  • Unit Type Actual Rent: $4,195.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 06/26

Property History for 1625 North Halsted Street

DateEvent & SourcePriceAppreciation
Jul 21, 2025

Price Change

MRED #12357632

$2,100,000—
May 6, 2025

Cancelled

MRED #12340454

$2,125,000—
May 6, 2025

Listed (Active)

MRED #12357632

$2,125,000—
Apr 16, 2025

Listed (Active)

MRED #12340454

$2,125,000—
Oct 31, 2013

Sold

MRED #08474837

$1,581,028—
Oct 25, 2013

Pending

MRED #08474837

—
Oct 25, 2013

Listed (Active)

MRED #08474837

$1,581,028—
Sep 24, 2013

Sold (Public Record)

Public Record #368817801

$1,581,500—
DateEvent & SourcePrice
07/21/2025

Price Change

MRED #12357632

$2,100,000
05/06/2025

Cancelled

MRED #12340454

$2,125,000
05/06/2025

Listed (Active)

MRED #12357632

$2,125,000
04/16/2025

Listed (Active)

MRED #12340454

$2,125,000
10/31/2013

Sold

MRED #08474837

$1,581,028
10/25/2013

Pending

MRED #08474837

—
10/25/2013

Listed (Active)

MRED #08474837

$1,581,028
09/24/2013

Sold (Public Record)

Public Record #368817801

$1,581,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1625 North Halsted Street

Taxable ValueLand$42,000Additions$169,000Total$211,000
Tax Record2023$44,519 ($3,710 / month)
Home Facts
Baths4Total Finished SqFt7,410 SqFtAbove Grade Finished SqFt7,410 SqFtStories3Lot Size3,360 SqFtStyleMulti-Family Res (5+ Units)Year Built2002CountyCOOKAPN14-33-313-029Fireplace TypeHas Fireplace

Schools near 1625 North Halsted Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Mayer Elementary School
Public - PK to 8
Lincoln Park High School
Public - 9 to 12
Newberry Elementary Math & Science Academy
Public - PK to 8
Noble St Charter-the Noble Academy
Charter - 9 to 12
Rating
School
Distance
Mayer Elementary School
PublicPK to 8

Lincoln Park High School
Public9 to 12

Newberry Elementary Math & Science Academy
PublicPK to 8

Noble St Charter-the Noble Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1625 North Halsted Street, Chicago, IL 60614

1625 North Halsted Street is a multi-family home for sale in Chicago, IL 60614. This property was listed for sale on May 6, 2025 by Millennium Properties RE, Inc., it's currently listed at $2,100,000. It has been on the market for a total of 259 days and was last sold on October 31, 2013. This listing's school district is Chicago Public Schools. Nearby schools include Mayer Elementary School, Lincoln Park High School and Newberry Elementary Math & Science Academy. 1625 North Halsted Street is a 9-bed, 8-bath, multi-family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Millennium Properties RE, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/27/2025 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.