5154 S Halsted Street
Chicago, IL 60609

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Description

Discover a remarkable opportunity at 5154 S Halsted St, a versatile mixed-use property located in the heart of Chicago. This residence is uniquely designed to cater to diverse needs, making it ideal for a pastor seeking a new church home while simultaneously generating rental income from the upstairs apartments to support the community and cover operational costs. Currently operating as a thriving church, this space is perfect for a variety of uses including an event space, banquet hall, or restaurant. The main floor features a welcoming sanctuary that comfortably seats at least 100 worshippers, complemented by two restrooms, and a kitchen with a dining area. This well-appointed space is also individually heated, ensuring comfort for all gatherings. The upper level houses three distinct apartments, providing a steady income stream for the new owner. These units consist of a generous 4 bedroom apartment, a cozy 2 bedroom apartment and a charming 1 bedroom apartment. Each apartment is equipped with individual heating, offering tenants comfort and privacy. This property is not just a building; it represents a community hub, providing a sanctuary for worship and a means for financial support through its rental units. Whether you're looking to expand your ministry or invest in a property with unlimited potential, 5154 S Halsted St is the perfect fit. Schedule your tour today!!

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60609
• Year Built: 1885
• Stories: 2
• Units: 4 units
• Zoning: MULTI
• # Of Apts: 3
• # Of Offices: 1
• # Of Stores: 1
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Central Air
• Directions: Halsted Street N/S to address
• Electric: Circuit Breakers
• Fire Protection: Alarm On Site
• Foundation Details: Concrete Perimeter
• Geographic Locale: Chicago South
• Gross Income: 4000
• Gross Rent Multiplier: 1785
• Gross Scheduled Income: 48000
• Heat/Ventilation: Gas
• Information: 24-Hr Notice Required
• Location: Corner, Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
• Lot Size Square Feet: 3125
• Main Type: Commercial Sale
• Property Sub Type: Mixed Use
• Tax Annual Amount: 6604.06
• Tax Year: 2024
• Total Monthly Income: 4000
• Township: Lake