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1631 N Halsted St
Chicago, IL 60614
Mixed-use property with restaurant available. · Retail Property For Lease
PROPERTY FACTS
| No. Units | 2 | Building Size | 6,392 SF |
| Property Type | Multifamily | Year Built | 1886 |
| Property Subtype | Apartment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Size | 6,392 SF |
| Year Built | 1886 |
About the Property
For sale or lease. This offering presents owner / operators with the opportunity to acquire a second generation restaurant property stabilized by additional income from the apartment and office/retail of this two-story mixed-use property. In addition owner and developers alike have the unique opportunity to acquire an extremely rare value-add portfolio, or to pursue the redevelopment of the entire site, which includes four (4) multifamily / mixed-use assets. The former restaurant space, located on the lower level, features a Type I hood and a display walk-in cooler. Situated near the bustling intersection of North Ave. and Halsted St., this property is in close proximity to the Apple store and other notable big-box retailers, and is approximately one mile from the proposed Bally’s Casino development. Stroll down Halsted Street, renowned for its world-famous restaurants and award-winning dining establishments, including the only three-star Michelin restaurant just steps away. Additionally, the Steppenwolf Theater, located directly across the street, attracts a steady stream of theatergoers, enhancing the property’s appeal.
