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Freestanding Buliding 55th & Halsted 5431 S Halsted St 1,800 SF 100% Leased Retail Building Chicago, IL 60609 $399,000 ($221.67/SF)



Investment Highlights
- Densely Populated Neighborhood
- Ample Parking
Executive Summary
Free standing building with great exposures, street presence and visibility, formerly, a Popeyes's Chicken restaurant with drive-thru, between Garfield Blvd and 54th St. on Halsted St. just north of BUSY traffic intersection light in of Garfield Blvd and Halsted St., retail corridor district offering multiple possibilities with easy access and ample parking. Located in a densely populated neighborhood and suitable for redevelopment, franchisees usage, restaurants, professions, and many other businesses. Surrounded by major retailers. Within a short distance, to major roads and expressways. Leased for $4,100 per month till Macrh 2026.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,800 SF
Building Class
C
Year Built
1985
Price
$399,000
Price Per SF
$221.67
Percent Leased
100%
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.11
Lot Size
0.36 AC
Zoning
B3-2 - Community Shopping District
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
125’ on Halsted St
Amenities
- Pylon Sign
- Tenant Controlled HVAC
- Drive Thru
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-09-328-001-0000 | Improvements Assessment | $17,930 |
| Land Assessment | $21,094 | Total Assessment | $39,024 |
Property Taxes
Parcel Number
20-09-328-001-0000
Land Assessment
$21,094
Improvements Assessment
$17,930
Total Assessment
$39,024
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Freestanding Buliding 55th & Halsted | 5431 S Halsted St
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