Mixed-Use Building on 63rd St. with Strong In-Place Income

No Longer Available
1632 W. 63rd St.
Chicago, IL 60636
14,000 SF
Mixed-Use Building
  • Apartment and retail building for sale near 63rd and Ashland

The Details

  • 14,000 SF mixed-use building
  • Six storefront units
  • Second floor built out as 2,500 SF office and 4 apartments
  • 3 studios and a 2 bed apartment
  • Recent updates include new windows, electrical, and HVAC
  • Individually metered units
  • Great potential for user or investor
  • Est. 2017 NOI: $43,662
  • Land Area: 7,156 SF
  • Zoning: RS-3
  • Part of 63rd/Ashland TIF

Located in an Opportunity Zone

At the corner of 63rd and Marshfield, a 14,000 square foot mixed-use building is available for sale. The property features six storefronts, three with frontage on 63rd Street. The second floor is built-out as a 2,500 square foot office, 3 studio apartments and a 2 bedroom apartment. The second floor can potentially be rehabbed to add value. Recent updates to the building include new windows, a new electrical system and new HVAC. The storefronts are individually metered, with low expenses for the owner.

The 63rd/Ashland Green Line stop, with its combined El and bus station plus a kiss n’ ride lot, is a major hub in the area, drawing potential customers for the storefront tenants.

Property Contacts

312-338-3012

Property Inquiry

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