630-954-7354
2723 N Halsted St, Chicago, IL for Sale
Bar - FOR SALE
1/63
null | Request Cap Rate

2723 N Halsted St
Chicago, IL 60614
Lincoln Park


HIGHLIGHTS

  • Fully equipped bar/restaurant with Type 1 hood and walk-in coolers
  • Includes spacious 3-bedroom residential unit with modern finishes
  • Located in Lincoln Park with high-income demographics and dense foot traffic
  • Positioned along Diversey Corridor near CTA transit and Jonquil Park
  • Zoned B1-2 with three rear parking spaces and strong redevelopment potential

OVERVIEW

Located in the heart of Lincoln Park, one of Chicago’s most vibrant and affluent neighborhoods, 2723 North Halsted Street presents a rare opportunity to acquire a fully built-out mixed-use property with both commercial and residential components. The ground floor features a ±3,500 SF bar/restaurant space with a Type 1 hood, walk-in coolers, dry storage, and a usable lower level of ±1,500 SF—ideal for expanding kitchen operations, private events, or back-of-house functions. The second floor houses a spacious 3-bedroom residential unit with an updated kitchen and in-unit washer/dryer, offering strong potential for owner-occupancy or rental income. The property sits on a 3,125 SF lot with B1-2 zoning and includes three dedicated parking spaces in the rear. Positioned along the Diversey Corridor, the site benefits from high pedestrian traffic and proximity to CTA transit, with over 913,000 annual riders. The surrounding trade area is dense with retail, fitness, hospitality, and residential activity, including Hotel Versey, Jonquil Park, and numerous boutique shops and restaurants. Demographics within a 1.5-mile radius are exceptional, with over 157,000 residents and an average household income exceeding $194,000. This location supports a wide range of business concepts, and the offering includes flexibility for either full acquisition or partnership in concept development.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B1-2

APN/PARCEL ID

14-28-300-003-0000

ASK ABOUT THIS PROPERTY

Paul BryantMid-America Real Estate Corp.More Info
630-954-7354

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Paul BryantMid-America Real Estate Corp.More Info
630-954-7354

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.