913-909-9529
1839 N Halsted St, Chicago, IL for Sale
Apartments - FOR SALE
1/11
null | Request Cap Rate

1839 N Halsted St
Chicago, IL 60614
Lincoln Park


OVERVIEW

To view Offering Memorandum, please visit: https://www.cbredealflow.com/buyer/agreement?pv=GGH2V-KGcrLueE1sk2zMiLI2e-C9qpRUq-pzONaxAZafg8Pyt6JgxlqRMxHNxqiU. CBRE, Inc. is exclusively representing the sale of 1829 North Halsted Street (“The Property”), a fully leased, multi-family asset in Chicago’s Lincoln Park neighborhood. The offering consists of a ±6,300 square foot, three-story building with 3 apartments as well as a coach house behind the main building with 2 apartments. Strategically positioned on North Halsted Street, the Property benefits from a prime location in a lively neighborhood renowned for its dining and entertainment options, as well as convenient access to all transportation. Offering a blend of historic character and modern design, The Property is fully-leased within the vibrant core of the RANCH Triangle community in Lincoln Park. This spacious 5-unit in Lincoln Park is ideal for investors or owner-occupants looking to add value. The building consists of well-laid-out apartments with strong rental potential and classic Chicago charm, just steps from neighborhood amenities, transportation, dining, and shopping. The property is currently under-rented and will benefit from light rehab such as kitchen and bath updates and common area improvements - allowing the next owner to modernize units, justify higher rents, and significantly increase cash flow. With its desirable Lincoln Park address, solid bones, and clear upside through renovations, this building is a rare opportunity to reposition a smaller multifamily asset in one of Chicago’s most sought-after rental markets.

FOR SALE DETAILS

PRICE

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# OF UNITS

5

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1891

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,375 SF

ZONING

RM-4.5

APN/PARCEL ID

14-33-300-033-0000

ASK ABOUT THIS PROPERTY

913-909-9529

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913-909-9529

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