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4017 W 63rd Street Chicago, IL 60629

$199,000
Active / MLS# 12616566 / Commercial - Retail / Chicago
0 Beds
2150 SqFt

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.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.07 Acres
Stories: 1.0
Taxes: $6,214
Year Built: 1961

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Flooring: Vinyl
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Bldg Heat
Lot Dimensions: .074
Number of Tenant(s): 1
Parcel#: 19222070030000
Parking: 1-5 Spaces, Parking-Street
Tenant Pays: Electricity, Heat, Janitorial Service, Insurance, All Utilities
Units: 1

Location

See details and scored characteristics about this location.

Listing Office: Century 21 Circle

Listing Office Phone: 708-531-0800



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