Back
Active - Other for sale
Chicago, IL
Facts & features
Why you’ll love it
Located at 1631 N Halsted, this 3 unit, 5658 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 $178k in income, with a projected NOI of $128,000. 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.
Listings courtesy of Millennium Properties RE, Inc. as distributed by MLS GRID.
Listed by: Daniel Hyman • Millennium Properties RE, Inc.
Co-listed by: Millennium Properties RE, Inc.
Source: MRED as distributed by MLS GRID, MLS#: 12357756
Based on info available as of Nov 14, 2026 at 7:10 AM EST.
Come see by yourself
Affordability
$10,127/mo
- Mortgage$7,939
- Property tax$2,188
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$31,400 Credit back
Start an offerDiscover the neighborhood
Travel times
About Chicago
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 07:10am EST. 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.
Make a winning offer, and get up to
$31,400 Credit back
