NOT LISTED FOR SALE

2519 N Halsted St Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $1,283,578

0.06 Acre
$21,392,967 Price per Acre
2,614 Sq Ft Lot

Last Sold August 14, 2023

Last sale price $800,000 $242 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,043/month

137 Days on Market

About This Lot

As of August 2023

The intellectual property of B.L.U.E.S. is included with the sale i.e., the brand, website, social media platform, memorabilia, vintage external electric sign, access to the owner for his contacts and connections (once the deal is closed), etc. The intellectual property and the real estate may be purchased by two different buyers. HOWEVER, the closing and funding for the intellectual property & the real estate is required to take place contemporaneously. Seller financing available to qualified buyers for a ten-year promissory note with a minimum down payment of 30% for the real estate only. B.L.U.E.S. operated as a live blues-bar/club on the ground floor of this three-story mixed-use building in Lincoln Park from 1979 to March 2020. The business ceased its operation due to the first Covid lockdown on March 16, 2020 and never reopened. Floors 2 & 3 were formerly rented as 3-bedroom/1 bath apartments. This vintage Chicago structure was built in 1892. 2021 RE Taxes: $26,199. Building square footage = 3,300 SF. Lot 24 ft. X 126 ft. (Land 3,024 SF). B1-2 Zoning. The real estate is to be sold AS-IS. Proof of funds is required prior to showing.

Last Agent to Sell the Property

Mike Costanzo

Jameson Commercial License #475129090 Listed on: 02/03/2023

Co-Listed By

Enrique Guadalupe

Jameson Commercial License #475157134

Last Buyer's Agent

Mark Kishtow

Jameson Commercial License #471010965

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,199

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24x126

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$26,199

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 24X126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 26199
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Aug 11, 2023
Sold by
Chicago Title Land Trust Company
Bought by
B L U E S Etcetera Llc
Seller's Agent
Mike Costanzo
Jameson Commercial
Buyer's Agent
Mark Kishtow
Jameson Commercial
List Price
$999,000
Sold Price
$800,000
Premium/Discount to List
-$199,000
-19.92%
Views
31
Current Estimated Value
$1,283,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,578
Avg. Annual Appreciation
19.94%
Original Mortgage
$600,000
Outstanding Balance
$355,552
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$928,026
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
B L U E S Etcetera Llc $800,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B L U E S Etcetera Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2023 08/14/23 Sold $800,000 -11.0% $242 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $899,000 -10.0% $272 / Sq Ft
02/03/2023 02/03/23 For Sale $999,000 -- $303 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,490 $79,500 $45,058 $34,442
2024 $27,490 $79,500 $45,058 $34,442
2023 $26,798 $130,288 $36,288 $94,000
2022 $26,798 $130,288 $36,288 $94,000
2021 $26,200 $130,288 $36,288 $94,000
2020 $26,023 $116,816 $21,772 $95,044
2019 $25,791 $128,370 $21,772 $106,598
2018 $25,357 $128,370 $21,772 $106,598
2017 $16,307 $75,753 $19,353 $56,400
2016 $15,172 $75,753 $19,353 $56,400
2015 $13,881 $75,753 $19,353 $56,400
2014 $14,114 $76,070 $16,329 $59,741
2013 $13,835 $76,070 $16,329 $59,741
Source: Public Records

Agents Affiliated with this Home

  • Mike Costanzo

    Seller's Agent in 2023

    Mike Costanzo

    Jameson Commercial

    (312) 399-5080

    1 in this area

    13 Total Sales

    Mike Costanzo
    Section Image
  • Enrique Guadalupe

    Seller Co-Listing Agent in 2023

    Enrique Guadalupe

    Jameson Commercial

    (312) 216-8000

    1 in this area

    11 Total Sales

    Enrique Guadalupe
    Section Image
  • Mark Kishtow

    Buyer's Agent in 2023

    Mark Kishtow

    Jameson Commercial

    (312) 751-0300

    1 in this area

    6 Total Sales

    Mark Kishtow
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712624

Midwest Real Estate Data (MRED)

APN: 14-28-311-014-0000

Illinois Cook County Chicago 60614 Lincoln Park

2519 N Halsted St, Chicago, IL

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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