4017 W 63rd ST, Chicago, IL 60629
4017 W 63rd ST, Chicago, IL 60629
4017 W 63rd ST, Chicago, IL 60629
4017 W 63rd ST, Chicago, IL 60629
4017 W 63rd ST, Chicago, IL 60629
4017 W 63rd ST, Chicago, IL 60629
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$ 175,000
Est. payment | /mo

2,150 SqFt


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$ 175,000
Est. payment | /mo
Save

2,150 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $81

MLS Listing ID 12616566

Year Built 1961

Annual Tax Amount $6,214

Tax Year 2024

Lot Dimensions .074

Property Sub-Type Retail/Stores

Property Description

Great investment opportunity! This approximately 1,600 sq. ft. commercial storefront is currently occupied and utilized as storage by the adjacent tenant. The space includes a retail layout, private office, storage area, and separate men's and women's restrooms. The property offers 2 rear parking spaces. The HVAC system, including furnace, central air, and coil, was replaced within the last year. Tenant is on a month-to-month lease, offering flexibility for investors or owner-users. Current rent is $1,250/month, with tenant responsible for gas, electric, water, and business insurance. Current rent equates to approximately $9.40/SF annually, offering upside potential as market rents are higher in the area. Property can be purchased individually or as part of a package with the neighboring 4019 W. 63rd St. MLS #12615865, creating a larger investment opportunity with combined income potential. Strong location with great potential for future growth or redevelopment. Sold as-is

Location

State IL

County Cook

Area Chi - West Lawn

Zoning COMMR

Interior

Cooling Central Air

Flooring Vinyl

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Giovanni Arenella of  Century 21 Circle 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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4017 W 63rd ST