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0 Beds

$10,500,000

310 S Halsted Street, Chicago IL, 60661

Price per sqftN/A
Built in1864
Property typeOther
Listed by Nicholas Colagiovanni with Baird & Warner 312-640-7010

Overview

Active

Listed Aug 27, 2026

Updated 13 days ago

RARE OPPORTUNITY. Fully operational Hostel/Rooming house which has gone an extensive renovation that rivals a modest hotel accommodation. This is a four story building with full basement originally erected in 1864, pre-dating the Great Chicago Fire of 1871. First floor is a 5,000 square foot restaurant space, formerly the Parthenon Restaurant. Restaurant kitchen is completely intact and fully equipped, black iron exhaust, all equipment is operational for turnkey operation. The upper three floors are a European Hostel which have been completely gut renovated into contemporary luxury rooms, shared bathrooms. All rooms have modern, contemporary beds, linens, furniture, cell phone charging stations, locker storage or built in surface tables for desk areas or computer stations. Over 140 beds. Capital improvements include tuck pointing, complete west side brick wall replacement, tar coated rubber roof with silver coating, all copper plumbing, newer mechanical systems, some separation of gas, electric and water meters. Three huge hot water tanks. Housekeeping washer and dryers. Restaurant storage in full basement; cooler, abundant storage, specific liquor storage, freezer, two sump pumps. Sophisticated camera/security system throughout premises. RMS run booking/accounting system for hostel already built and turnkey for next user/operator. DX-5 ZONING. 6,250 land square feet. Building is 27,404 square feet. Real Estate taxes successfully have been contested and reduced. Ask for additional information on financials, P/L, reduced tax bill, etc.

$69,857/mo

Est. mortgage payment based on a $10,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12744296

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$144,549
Tax Frequency
Annually
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Listed by Nicholas Colagiovanni with Baird & Warner 312-640-7010

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Data is refreshed every 3 hours. Listing last updated 4:18 AM UTC on 9/3/2026. 

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