3931 W 63rd St - Storefront Retail/Residential FOR SALE


Chicago, IL 60629
$1,100,000 USD
312-956-4617
3931 W 63rd St, Chicago, IL for Sale
$1,100,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | 10.5% Cap Rate

3931 W 63rd St
Chicago, IL 60629


HIGHLIGHTS

  • Heavy day time foot and car traffic
  • Open Plan allows for any design

OVERVIEW

Prime Investment Opportunity in Chicago's Sought-After 63rd Street Corridor. Mixed-Use Building with Strong Rental Income! This 8-unit building, with 3 commercial storefronts and 5 residential units, offers tremendous upside with its B1-1 zoning in high traffic area. Currently fully leased with MTM tenants, this property boast steady income potential with significant upside, with long-term growth in a dynamic, up-and -coming area. Ideal for investors seeking cash flow, redevelopment opportunities, or long-term value appreciation. The property is priced to move with immediate income potential. This is your chance to secure a high performing asset in one of Chicago's most promising neighborhoods.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

10.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

b1-1

APN/PARCEL ID

19-23-100-008-0000

ASK ABOUT THIS PROPERTY

Dalila ArellanoA List Homes RealtyMore Info
312-956-4617

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Dalila ArellanoA List Homes RealtyMore Info
312-956-4617

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.