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2210 S Halsted St 1,800 SF 50% Leased Retail Building Chicago, IL 60608 $749,000 ($416.11/SF)

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INVESTMENT HIGHLIGHTS

  • Great 2 story infill masonry mixed-use building ideal for retail, office, or service business, Zoning PMD11A
  • The building is 2068 sq ft, year built: 1889, features a finished basement plus adjacent vacant lot,
  • The roof is a flat roof: 10 years old major interior remodeling was done in 2005 & 2013, recently tuckpointed, sealed foundation incl french drain
  • This property is highly visible, The building is just south of the Hard Corner busy intersection of Cermak and Halsted, 17,500 (VPD)
  • 1032 sf per floor lot size: 2208 - 25 x 106, partially fenced in and landscaped Included the Vacant lot next door at 2210 S Halsted,
  • location, parking, TIF zone, lot size for lot next door 2210 - 23 x 106

EXECUTIVE SUMMARY

Great 2 story infill masonry mixed-use building ideal for retail, office, or service business, Zoning PMD11A, This property is highly visible, The building is just south of the Hard Corner busy intersection of Cermak and Halsted, 17,500 (VPD) vehicles pass this location a day, The building is 2068 sq ft, year built: 1889, features a finished basement plus adjacent vacant lot, 1032 sf per floor lot size: 2208 - 25 x 106, partially fenced in and landscaped Included the Vacant lot next door at 2210 S Halsted, lot size for lot next door 2210 - 23 x 106, The roof is a flat roof: 10 years old major interior remodeling was done in 2005 & 2013, recently tuckpointed, sealed foundation incl french drain all new plumbing (2005 & 2013) including sump pump & Ejector pit, updated 3 phase electric, newer thermal windows throughout, updated HVAC - separate gas forced heat & central air for floors 1 & 2, The Basement is fully finished (drywall & concrete floor), full bath, 2 separate entrances, 7' ceiling height, concrete floor is radiant heat ready, on demand water heater The main floor features a half bath, kitchenette, monitored alarm system, fancy security gates on storefront windows & door, original tin ceiling and wall in front half, track lighting throughout, genuine maple floor in front half, 11' ceilings, yard access, separate gas furnace & central air. separate utilities. The second floor is currently rented ($1200/mo on month-to-month). full bath & kitchen. separate gas furnace & central air. separate utilities. tenants would like to stay. not a residential unit. Rear parking lot can hold 8 cars, great signage area, great potential here, perfect for an owner user, ideal for a variety of commercial uses, retail, professional use office, insurance, lawyer, real estate, medical use, school, adult education center, child care, 48 sq ft feet of frontage on Halsted. The lot size of 2208 S Halsted is - 25 x 106, partially fenced in and landscaped Pin number - 17292010200000 The lot size of the side lot 2210 S Halsted is - 23 x 106 Pin number -17292010210000 - call listing broker for all showings, do not bother the tenant, Close to route I 90/94 - Call Listing broker for all showings.
-2 floors plus fully finished basement with exterior doors.
-Adjacent lot on a separate PIN, 2208 South Halsted, is available for $199,000.
-Charming vintage brick building
-TIF, SBIF and Empowerment Zones

ATTACHMENTS

2208-10 Survey
2210 Additional info

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $43,200 $24.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $43,200 $24.00
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $43,200
Annual Per SF $24.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $43,200
Annual Per SF $24.00
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,800 SF
Building Class
C
Year Built
1889
Price
$749,000
Price Per SF
$416.11
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.06 AC
Zoning
PMD11A - Zoning PMD11A - no residential. Click here for permitted uses: https://codelibrary.amlegal.com/codes/chicago/latest/chicagozoning_il/0-0-0-49697#JD_1
Parking
6 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
24’ on Halsted St

AMENITIES

  • Bus Line
  • Corner Lot
  • Fenced Lot
  • Metro/Subway
  • Tenant Controlled HVAC
  • Air Conditioning
  • Balcony
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Byline Bank
Giordano's
Bonchon
U.S. Bank
Starbucks
Bar Louie
Lalo's Mexican Restaurant
Dog Haus
Jason's Deli
Naf Naf Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-29-201-021-0000
  • 17-29-201-020-0000
Land Assessment
$31,801 (2024)
Improvements Assessment
$51,045 (2024)
Total Assessment
$82,846 (2024)
  • Listing ID: 37528837

  • Date on Market: 1/24/2024

  • Last Updated:

  • Address: 2210 S Halsted St, Chicago, IL 60608

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