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Multifamily

1657 N Halsted St

1657 N Halsted St, Chicago, IL 60614

Listing Price: $2,100,000

Cap Rate
4.70%
Number of Units
6
Occupancy
100.0%
Price/Unit
$350,000
Price/Gross SF
$303.64
Gross SF
6,916

Investment Overview

Marcus & Millichap is pleased to exclusively present 1657 North Halsted, a six unit apartment building located in Old Town portion of the Lincoln Park Neighborhood. The subject property is a condo-quality four story walk-up composed of two one-bedroom apartments, three two-bedroom apartments, and a four-bedroom duplex. Each apartment features in-unit washer/dryer units, stainless steel appliances, dark kitchen cabinets, and granite countertops. The Lincoln Park has long been one of Chicago's best places to live. Lincoln Park is home to the Lincoln Park Zoo, the oldest free zoo in the country. The subject property is located directly across from the nationally recognized Steppenwolf theater. Residents have less than a five minute walk to the Chicago Transit Authority's (CTA) North/Clybourn station, which provides access to Chicago's downtown business district. Additionally, the CTA's number 8,9, and 72 bus stops are all within a short walk of tenants front door. The subject property has a walkability score of 94 allowing tenants to enjoy all of Lincoln Park's dining, shopping, and entertainment with ease.

Investment Highlights

  • Fully Occupied
  • Condo Quality Units
  • High Walkability Score
  • North/Clybourn Station is a Three Minute Walk

Exclusively Listed By

Financing By

Listing Price: $2,100,000

Cap Rate
4.70%
Number of Units
6
Occupancy
100.0%
Price/Unit
$350,000
Price/Gross SF
$303.64
Gross SF
6,916

Investment Highlights

  • Fully Occupied
  • Condo Quality Units
  • High Walkability Score
  • North/Clybourn Station is a Three Minute Walk

Investment Overview

Marcus & Millichap is pleased to exclusively present 1657 North Halsted, a six unit apartment building located in Old Town portion of the Lincoln Park Neighborhood. The subject property is a condo-quality four story walk-up composed of two one-bedroom apartments, three two-bedroom apartments, and a four-bedroom duplex. Each apartment features in-unit washer/dryer units, stainless steel appliances, dark kitchen cabinets, and granite countertops. The Lincoln Park has long been one of Chicago's best places to live. Lincoln Park is home to the Lincoln Park Zoo, the oldest free zoo in the country. The subject property is located directly across from the nationally recognized Steppenwolf theater. Residents have less than a five minute walk to the Chicago Transit Authority's (CTA) North/Clybourn station, which provides access to Chicago's downtown business district. Additionally, the CTA's number 8,9, and 72 bus stops are all within a short walk of tenants front door. The subject property has a walkability score of 94 allowing tenants to enjoy all of Lincoln Park's dining, shopping, and entertainment with ease.

Exclusively Listed By

Financing By

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