2225 N Halsted

2225 N Halsted, Chicago, IL 60614

  • For Sale $7,200,000
  • Property Type Multi-Family
  • Property Size 14,350 SF
  • Units 24
  • Lot Size 0.34 Acre
  • Year Built 1975
  • Date Updated Apr 16, 2024
2225 N Halsted is located in the Lincoln Park neighborhood on Chicago's Northside and is steps from DePaul University.Kiser Group is pleased to present the opportunity to purchase The 2225 N Halsted Condominiums in a Section 15 deconversion sale. This 24-unit building is comprised of all one bedroom, one bathroom units and has 24 surface parking spaces. The property presents an opportunity to acquire an asset in an A+ location, steps from DePaul University's Lincoln Park Campus, along with shops and restaurants on both Halsted St and Lincoln Ave. More than half of the units are investor-owned rental units, presenting a clear path to stabilization as an apartment building and allowing for a new owner to increase rents in current condition or through cosmetic renovations. Section 15 sales have unique nuances. If you are unfamiliar with this sale type, Kiser Group can provide a detailed explanation of the process.

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Highlights

  • Steps from DePaul University's Lincoln Park Campus
  • All One Bedroom Units
  • 1:1 Surface Parking
  • Cosmetic Value-Add Opportunity

Contacts

broker

Jake Parker

Kiser Group

(773) 293-5030

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    75/100 Excellent Transit
  • Bike Score ®

    91/100 Biker's Paradise
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Lincoln Park
  • Zip Code 60614
  • Market Chicago

Points of Interest

  • Fullerton

    0.29 miles

  • Armitage

    0.37 miles

  • Diversey

    0.73 miles

  • North/Clybourn

    0.84 miles

  • Sedgwick

    0.98 miles

  • Wellington

    0.99 miles

  • Clybourn

    1.09 miles

  • Belmont

    1.21 miles

  • Clark/Division

    1.54 miles

  • Division

    1.64 miles

  • Mobil

    0.46 miles

  • Shell

    0.87 miles

  • eVgo

    0.93 miles

  • Tesla Supercharger

    1.01 miles

  • BP

    1.02 miles

  • Tesla Supercharger

    1.04 miles

  • BP

    1.05 miles

  • BP

    1.06 miles

  • BP

    1.09 miles

  • Shell

    1.12 miles

  • Park Lincoln Garage

    0.45 miles

  • Steppenwolf Garage

    0.75 miles

  • East Lot

    0.83 miles

  • Moody Church Parking Lot

    1.08 miles

  • North Avenue Beach

    1.37 miles

  • 1628 W Division

    1.66 miles

  • Cubs Rav4 Lot

    1.73 miles

  • Cubs Prius Lot

    1.90 miles

  • Cubs Highlander Lot

    1.93 miles

  • Cubs Corolla Lot

    2.08 miles

  • Chicago Getaway Hostel

    0.36 miles

  • Hotel Versey

    0.74 miles

  • The Willows

    0.82 miles

  • Hotel Lincoln, a Joie de Vivre Hotel

    0.88 miles

  • Oakwood At Eugenie Terrace

    0.98 miles

  • City Suites Hotel

    1.21 miles

  • Hyatt Place Chicago / Wicker Park

    1.29 miles

  • Marshall Hotel

    1.45 miles

  • Best Western Plus Hawthorne Terrace

    1.49 miles

  • Hotel Indigo Chicago Downtown Gold Coast

    1.52 miles

  • Shine and Rise

    0.05 miles

  • Toast

    0.05 miles

  • Athenian Room

    0.07 miles

  • Rickshaw Republic

    0.12 miles

  • Johnny's

    0.12 miles

  • Velvet Taco

    0.13 miles

  • Potbelly's

    0.14 miles

  • Kaathis

    0.15 miles

  • Fat Sandwich Company

    0.15 miles

  • Nookies, too

    0.15 miles

  • DePaul University

    0.13 miles

  • Presbyterian Theological Seminary

    0.20 miles

  • Park West Cooperative Nursery School

    0.21 miles

  • Saint James Lutheran School

    0.21 miles

  • Lincoln Elementary School

    0.22 miles

  • Chicago Dance Center

    0.25 miles

  • Arnold School

    0.27 miles

  • DePaul University

    0.28 miles

  • Lincoln Park High School

    0.28 miles

  • Old Town School of Folk Music

    0.36 miles

  • Cornerstone Children's Learning Center

    1.57 miles

  • North Avenue Day Nursery

    1.77 miles

  • Rainforest Pre-School & Infant Center

    2.36 miles

  • La Escualita Daycare

    2.87 miles

  • Kids' Work Chicago Too

    2.89 miles

  • Bright Horizons

    2.94 miles

  • Little Bird Prep

    2.96 miles

  • Diversey Day Care

    3.09 miles

  • A-Karrasel Child Care Center

    3.33 miles

  • Adams Street Child Care Center

    3.37 miles

Frequently Asked Questions

What is the lease rate for 2225 N Halsted?

Rental asking rate at 2225 N Halsted is $3,600,000.00/YR.

What is the total square footage of 2225 N Halsted?

2225 N Halsted totals 14,350 square feet.

When was this property built?

2225 N Halsted was built in 1975.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jake Parker

Kiser Group

(773) 293-5030