3249 W 63rd ST, Chicago, IL 60629
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$ 799,900
Est. payment | /mo

25,552 SqFt


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$ 799,900
Est. payment | /mo
Save

25,552 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 25,552 sqft

Price per Sqft $31

MLS Listing ID 12732577

Year Built 1922

Annual Tax Amount $31,193

Tax Year 2024

Property Sub-Type Mixed Use

Property Description

Prime mixed-use investment property in the heart of Chicago's vibrant South Side- Marquette Park neighborhood. This building includes addresses: 3249-3259 W 63rd St & 6309-6311 S Spaulding Ave. Located directly on high-visibility 63rd Street with excellent access and foot traffic, this asset offers strong upside potential. Local amenities: Close to schools, parks, shopping, and public transportation, making it a convenient and attractive place to live. The building features 9 residential apartments (fully occupied) and 6 commercial storefronts (3 currently leased, 3 vacant for immediate value-add potential).Enjoy a solid income stream with favorable utility structures: residential tenants pay their own gas and electric, while commercial tenants cover gas, water, and electric. With full occupancy, this property delivers an exceptional monthly revenue return

Location

State IL

County Cook

Area Chi - Chicago Lawn

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Ned Malley of  Infiniti Properties, Inc. 

NEARBY PROPERTIES

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3249 W 63rd ST