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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$189,000
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2,150 SqFt
Price Dropped by $10K

4017 W 63rd ST Chicago, IL 60629

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $87

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 SCHOOL & BUSINESS

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John Barnak III

John Barnak III

Broker | License ID: 471019889

+1(630) 439-6385

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4017 W 63rd ST