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About the Listing 18505 - 116643,893395
Major Capital Improvements - Brand new HVAC system installed - Commercial-grade flood prevention system including check valve, backflow prevention, sump pump, and discharge system to city line, system designed for high-risk mitigation with 3-year warranty General Description: Well-maintained, cash-flowing mixed-use property delivering consistent monthly income with minimal operational friction. This asset combines a stable commercial storefront, a spacious residential unit, and multiple additional income streams. Property Highlights:Storefront Unit - Established commercial tenant with access to a finished basement, currently used as office space with an additional bathroom. 3-Bedroom Apartment - Large unit with an extended master suite and bonus room, ideal for office, study, or flexible use. Commercial Laundry Income - On-site coin-operated laundry (2 dryers, 1 washer) providing additional revenue. Parking Income Potential - 4 total spaces (2 garage + 2 exterior), typically rented at $200/month. Investor Special - Turnkey investment property in Chicago's 60629 zip, delivering consistent monthly cash flow with no repairs needed. This mixed-use asset features a ground-level commercial storefront, a spacious 3-bedroom residential unit with an additional master suite extension ideal for an office or study, and income-generating common areas. Property Highlights: Storefront Unit - Stable commercial tenant with access to a finished basement, currently used as office space with an additional bathroom. 3-Bedroom Apartment - Includes an extended master suite with a bonus room perfect for an office or study. Commercial Laundry Area - Features 2 coin-operated dryer and 1 standard washers for added income potential. 4 Parking Spaces - Includes a 2-car garage plus 2 uncovered off-street parking spots. This is a perfect opportunity for investors seeking strong returns in a well-performing rental corridor. Zoned for flexibility and well maintained by current owner.
Listing Highlights
Status
Pending
Days on Site
144
Property Type
Commercial Sale
MLS ®
12528512
Year Built
1930
Total Square Footage
3,380
Lot/Acreage
0.07
County
Cook
Area
CHI - Chicago Lawn
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 26X125
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: 1-5 Spaces
Financial Details
- Tax Amount: $4,541
- Taxes w/Assessments: N/A
- Tax/Property ID: 19241070030000
- Tax Year: 2024
Payment Calculator
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Questions About..
2817 W 63rd St Chicago, IL 60629
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