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$ 499,000
Est. payment | /mo
4,603 SqFt
$ 499,000
Est. payment | /mo
4,603 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,603 sqft
Price per Sqft $108
MLS Listing ID 12477537
Year Built 1970
Annual Tax Amount $30,487
Tax Year 2023
Lot Dimensions 9281 sq ft
Property Sub-Type Retail/Stores
Property Description
Prime investment opportunity in Chicago's Clearing neighborhood! This well-maintained commercial storefront at 5840 W 63rd St features four rentable units, all currently leased. A newly signed tenant just secured the 496 SF space at $1,500/month as a tattoo shop-demonstrating strong market demand and proving rental upside for the larger suites. The remaining three units range from 1,000-1,550 SF, offering ample room for future rental growth. With a diverse tenant mix, visible frontage along 63rd Street, and steady neighborhood traffic, this property delivers both stability and upside potential.
Location
State IL
County Cook
Area Chi - Clearing
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Anthony Munoz of Listing Leaders Northwest, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "