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2835 W 63rd Street

Chicago, IL 60629
  • $480,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 11780980
UPDATED: 35 min ago
$480,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

This 6-unit property is a fantastic investment opportunity, boasting a storefront on a busy street with high visibility and foot traffic. Located in close proximity to many public amenities, such as parks, schools, and shopping centers, as well as public transportation options, this property offers convenience and accessibility for tenants and customers alike. The property is currently occupied, providing immediate cash flow for the new owner. The storefront is perfect for a small business or retail operation, while the 5 residential units offer spacious and comfortable living spaces for tenants. With multiple units, the property offers the potential for additional income streams, making it an excellent investment opportunity. Overall, this property is a rare find in a prime UPCOMING location, offering a unique combination of commercial and residential uses, convenience and accessibility, and potential for income growth. Don't miss out on the chance to own this exceptional property and take advantage of all it has to offer.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-08T11:01:09.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2835 W 63rd Street Chicago, IL 60629

  • Price: $480,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 35 min ago
  • MLS #: 11780980
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Chi - Chicago Lawn
County:
Cook
Area:
Chi - Chicago Lawn
Property Description
This 6-unit property is a fantastic investment opportunity, boasting a storefront on a busy street with high visibility and foot traffic. Located in close proximity to many public amenities, such as parks, schools, and shopping centers, as well as public transportation options, this property offers convenience and accessibility for tenants and customers alike. The property is currently occupied, providing immediate cash flow for the new owner. The storefront is perfect for a small business or retail operation, while the 5 residential units offer spacious and comfortable living spaces for tenants. With multiple units, the property offers the potential for additional income streams, making it an excellent investment opportunity. Overall, this property is a rare find in a prime UPCOMING location, offering a unique combination of commercial and residential uses, convenience and accessibility, and potential for income growth. Don't miss out on the chance to own this exceptional property and take advantage of all it has to offer.
Exterior Features

Exterior Building Type BrickGlass Foundation Details Concrete Perimeter Frontage Type City StreetPublic Road Outdoor Parking 1-5 Spaces Parking Total 0 Roof Structure Flat

Interior Features

Cooling Window Unit(S) Fireplaces Total 0 Heat Ventilation Gas Number Of Dishwashers 0 Number Of Dryers 0 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/S Geographic Locale Chicago South Gross Income 6500 Gross Scheduled Income 78000 Insurance Expense 6000 Location Public Transport AvailHigh Traffic Area Mls Actual Status Active Number Of Tenants 6 Possible Use Multi-FamilyRetail Property Sub Type Mixed Use Rental Price 1.06 Tax Annual Amount 2958 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 6500 Township South Chicago Type Mixed Use Zoning Other

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Of Chicago Llc: 312-607-0777.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-08T11:01:09.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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