5517 S Halsted St

$235,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Take advantage of this exciting business opportunity! In the four-bedroom apartment above the storefront, you can join other small business owners living close to their businesses. Property values are rapidly increasing as the area undergoes significant gentrification, with new developments being introduced. This opportunity is situated on a high-traffic street near a major intersection. The property comprises two lots and features a 13-car parking lot, currently leased to an adjacent business. Additionally,...Take advantage of this exciting business opportunity! In the four-bedroom apartment above the storefront, you can join other small business owners living close to their businesses. Property values are rapidly increasing as the area undergoes significant gentrification, with new developments being introduced. This opportunity is situated on a high-traffic street near a major intersection. The property comprises two lots and features a 13-car parking lot, currently leased to an adjacent business. Additionally, the property features a two-car garage. Both the apartment and storefront are presently rented, albeit at a below-market value, which still provides immediate cash flow. The current tenants also cover their utilities. The time to invest is now!

Property Details for 5517 South Halsted Street

Area
CHI - Englewood
Township
Lake
Air Conditioning Type
None
Num of Interior Fireplaces
0
Zoning
COMMR
LISTING UPDATED: 07/30/2025 12:07 AM

Property Details for 5517 South Halsted Street

StatusActive
MLS #12346400
Days on Market275
Taxes$13,769 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1894
Lot Size0.14 AC / 6,150 SF
CountyCook County

Location

Listing Courtesy of RE/MAX 10
Add your commute

Building Information for 5517 South Halsted Street

Stories2Residences2Year Built1894Lot Size0.14 AC / 6,150 SF

Payment Calculator

$2,309 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,161

Property Taxes

$1,147

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5517 South Halsted Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago South
  • Information: 24-Hr Notice Required,Other-See Remarks,No Sign on Property
Taxes and HOA Information
  • Estimated Tax/Sf: 0.72
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Flooring: Carpet, Vinyl
  • # Of Washers: 0
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 0
  • Washer/Dryer Lsd: No
  • Misc Inside: Basement
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Water Drainage: Storm Sewers
  • Misc Outside: Enclosed Porch,Enclosed Stairs
Utilities / Equipment
  • Sewer: Storm Sewer
  • Water: Municipal Water
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 50X123
  • Lot Size Square Feet: 6150.0
  • Stories: 2
  • Construction: Brick, Vinyl Siding
  • Roof Type: Tar/Gravel
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 3750
  • # Of Offices: 0
  • # Of Ranges: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office, Multi-Family, Retail
  • Buyer Financing: Conventional, FHA
  • Documents Available: Rent Roll,Leases
  • Docks: None
  • Public Document Count: 5
  • Document Date: 2025-04-24T22:17:51
  • Photos Count: 8
  • Estimated Cam/Sf: 0
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area,Public Transport Avail,In City Limits,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $31,800.00
  • Gross Scheduled Income: $31,800.00
  • Insurance Expense: $2,656.00
  • Electric Expense Source: Actual
  • Expense Year: 2013
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 31800
  • Water Expense Source: Actual
  • Net Operating Income: $10,600.00
  • Operating Expense: $4,785.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 5517 South Halsted Street

DateEvent & SourcePriceAppreciation
Jul 24, 2025

Price Change

MRED #12346400

$235,000
Apr 23, 2025

Listed (Active)

MRED #12346400

$274,900
May 15, 2015

Expired

MRED #08617267

$69,900
May 16, 2014

Listed (Active)

MRED #08617267

$69,900
Oct 22, 2013

Expired

MRED #08053978

$99,900
Apr 26, 2012

Listed (Active)

MRED #08053978

$139,900
Mar 31, 2010

Expired

MRED #07176789

$174,900
Apr 1, 2009

Listed (Active)

MRED #07176789

$174,900
DateEvent & SourcePrice
07/24/2025

Price Change

MRED #12346400

$235,000
04/23/2025

Listed (Active)

MRED #12346400

$274,900
05/15/2015

Expired

MRED #08617267

$69,900
05/16/2014

Listed (Active)

MRED #08617267

$69,900
10/22/2013

Expired

MRED #08053978

$99,900
04/26/2012

Listed (Active)

MRED #08053978

$139,900
03/31/2010

Expired

MRED #07176789

$174,900
04/01/2009

Listed (Active)

MRED #07176789

$174,900

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

Public Records for 5517 South Halsted Street

Taxable ValueLand$1,998Additions$3,001Total$4,999
Tax Record2023$1,055 ($88 / month)
Home Facts
Baths4Total Finished SqFt3,750 SqFtAbove Grade Finished SqFt3,750 SqFtStories2Lot Size3,075 SqFtStyleMulti-Family Res (5+ Units)Year Built1894CountyCOOKAPN20-16-100-004

Schools near 5517 South Halsted Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Dewey Elementary Academy Of Fine Arts
PublicPK to 8

Englewood STEM High School
Public9 to 12

KIPP Bloom Charter Elementary School
CharterK to 8

Urban Prep Charter Englewood High School
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.

Neighborhood Map and Transit

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5517 South Halsted Street is a mixed use property for sale in Chicago, IL 60621. This property was listed for sale on April 23, 2025 by RE/MAX 10, it's currently listed at $235,000. This listing's school district is Chicago Public Schools. Nearby schools include Dewey Elementary Academy Of Fine Arts, Englewood STEM High School and KIPP Bloom Charter Elementary School. 5517 South Halsted Street is a 0-bed, 0-bath, mixed use property built in 1894.

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 RE/MAX 10

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 07/30/2025 12:07 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.