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Mixed-Use

216 N Halsted St

216 N Halsted St, Chicago, IL 60661

Listing Price: $2,100,000

Cap Rate
5.30%
Number of Units
3
Occupancy
100.0%
Price/Unit
$700,000
Price/Gross SF
$323.08
Gross SF
6,500

Investment Overview

Marcus & Millichap is pleased to present this 2009 construction mixed-use property in the Fulton Market neighborhood of Chicago, Illinois. Each 3 Bedroom, 2 Bath apartment offers condo-quality finishes with in-unit laundry, granite kitchen countertops, a fireplace, wood floors, and marble bathrooms. Each apartment features a private balcony and the top unit has an additional rooftop deck. The property also includes a two-car garage and one outside parking spot. The commercial unit has been occupied by a medical and wellness tenant, Cleanse Chicago, since 2014. The tenant signed a new 5-year lease in December of 2020. The subject property is a five-minute walk from the Chicago Transit Authority’s (CTA) Clinton Green and Pink Line. There is instant access to I-90 and the subject property is within walking distance to the central business district and Chicago Loop. The property also sits in the popular Fulton Market area surrounded by Chicago's nightlife, restaurants, and West Loop’s entertainment.

Investment Highlights

  • Newer Construction in Hot Fulton Market Location.
  • Spacious 3 Bedroom 2 Bath Units With High-End Finishes Throughout.
  • Parking Spots (Two Garage Spots + 1 Private Ally Spot)
  • 100% Occupied since 2014. Commercial Tenant Signed An Additional 5 Year Lease in December 2020.

Exclusively Listed By

Listing Price: $2,100,000

Cap Rate
5.30%
Number of Units
3
Occupancy
100.0%
Price/Unit
$700,000
Price/Gross SF
$323.08
Gross SF
6,500

Investment Highlights

  • Newer Construction in Hot Fulton Market Location.
  • Spacious 3 Bedroom 2 Bath Units With High-End Finishes Throughout.
  • Parking Spots (Two Garage Spots + 1 Private Ally Spot)
  • 100% Occupied since 2014. Commercial Tenant Signed An Additional 5 Year Lease in December 2020.

Investment Overview

Marcus & Millichap is pleased to present this 2009 construction mixed-use property in the Fulton Market neighborhood of Chicago, Illinois. Each 3 Bedroom, 2 Bath apartment offers condo-quality finishes with in-unit laundry, granite kitchen countertops, a fireplace, wood floors, and marble bathrooms. Each apartment features a private balcony and the top unit has an additional rooftop deck. The property also includes a two-car garage and one outside parking spot. The commercial unit has been occupied by a medical and wellness tenant, Cleanse Chicago, since 2014. The tenant signed a new 5-year lease in December of 2020. The subject property is a five-minute walk from the Chicago Transit Authority’s (CTA) Clinton Green and Pink Line. There is instant access to I-90 and the subject property is within walking distance to the central business district and Chicago Loop. The property also sits in the popular Fulton Market area surrounded by Chicago's nightlife, restaurants, and West Loop’s entertainment.

Exclusively Listed By

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