515 North Halsted Street

Chicago, IL 60642

$1,450,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unique mixed use building located in Chicago's well known River West neighborhood. The building is comprised of Three (3) Two (2) bedroom One (1) bathroom units. All have central heat and air. Two of the three residential units have in unit laundry. The second floor unit has laundry located in the basement. The ground floor unit is currently occupied by an established book store with a lease in place until 2024. All of the units include one parking spot. The general area has seen significant developments...Unique mixed use building located in Chicago's well known River West neighborhood. The building is comprised of Three (3) Two (2) bedroom One (1) bathroom units. All have central heat and air. Two of the three residential units have in unit laundry. The second floor unit has laundry located in the basement. The ground floor unit is currently occupied by an established book store with a lease in place until 2024. All of the units include one parking spot. The general area has seen significant developments due to its proximity to the Loop and public transportation. The location benifits from C1-3 zoning which allows for a number of different uses for the commercial space. The building is fully occupied.
  1. Listed by Marcus Sullivan • Sperry Van Ness

Property Details for 515 North Halsted Street

Area
CHI - West Town
Township
West Chicago
Num Of Parking Spaces
5.0
Zoning
COMMR

Location

Listing Courtesy of Sperry Van Ness
Add your commute
LISTING UPDATED: 11/05/2023 12:07 AM

Property Details for 515 North Halsted Street

StatusActive
MLS #11919538
Days on Market344
Taxes$22,915 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1893
Lot Size0.09 AC / 4,000 SF
CountyCook County

Location

Listing Courtesy of Sperry Van Ness
Add your commute

Building Information for 515 North Halsted Street

Stories-Residences4Year Built1893Lot Size0.09 AC / 4,000 SF

Payment Calculator

$9,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$1,910

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 515 North Halsted Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago North
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 201 to 600 Amps
  • # Of Washers: 3
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 3
  • Washer/Dryer Lsd: Yes
  • Misc Inside: Skylight/s
  • # Of Dryers: 3
  • # Of Dishwashers: 3
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Sewer, Other
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 20*200
  • Lot Size Square Feet: 4000.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick, Stone
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Building Area Total: 7000
  • Manufacturing SqFt: 0
  • # Of Offices: 0
  • Office SqFt: 0
  • Other SqFt: 5250
  • Retail SqFt: 1750
  • # Of Ranges: 3
  • # Of Stores: 1
  • Warehouse SqFt: 0
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Buyer Financing: Conventional
  • Documents Available: Demographics,Rent Roll,Leases,Tax Bill
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $999.00
  • Fuel Expense: $999.00
  • Gross Income: $121,200.00
  • Gross Scheduled Income: $121,200.00
  • Insurance Expense: $4,000.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: First Mortgage
  • Expense Year: 2020
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Net Operating Income Year: 2021
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 10100
  • Water Expense Source: Owner Projection
  • Net Operating Income: $85,285.00
  • Operating Expense: $35,915.00
  • Other Expense: $5,000.00
  • Trash Expense: $999.00
  • Water Sewer Expense: $4,000.00

Property History for 515 North Halsted Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 515 North Halsted Street

Taxable ValueLand$24,120Additions$87,290Total$111,410
Tax Record2022$22,915 ($1,910 / month)
Home Facts
Baths4Total Finished SqFt7,000 SqFtAbove Grade Finished SqFt7,000 SqFtStories3Lot Size4,020 SqFtStyleMulti-Family Res (5+ Units)Year Built1896CountyCOOKAPN17-09-102-009

Schools near 515 North Halsted Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Ogden Int High School
Public9 to 12

Uno Network Charter School
CharterK 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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515 North Halsted Street is a mixed use property for sale in Chicago, IL 60642. This property was listed for sale on October 30, 2023 by Sperry Van Ness, it's currently listed at $1,450,000. It has been on the market for a total of 344 days and was last sold on May 9, 2011. This listing's school district is City Of Chicago School District 299. Nearby schools include Ogden Elementary School, Wells Community Academy High School and Ogden Int High School. 515 North Halsted Street is a 0-bed, 0-bath, mixed use property built in 1893.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sperry Van Ness

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.