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About the Listing 86967 - 401869
Great investment opportunity! This approximately 1,600 sq. ft. commercial storefront is currently occupied and utilized as storage by the adjacent tenant. The space includes a retail layout, private office, storage area, and separate men's and women's restrooms. The property offers 2 rear parking spaces. The HVAC system, including furnace, central air, and coil, was replaced within the last year. Tenant is on a month-to-month lease, offering flexibility for investors or owner-users. Current rent is $1,250/month, with tenant responsible for gas, electric, water, and business insurance. Current rent equates to approximately $9.40/SF annually, offering upside potential as market rents are higher in the area. Property can be purchased individually or as part of a package with the neighboring 4019 W. 63rd St. MLS #12615865, creating a larger investment opportunity with combined income potential. Strong location with great potential for future growth or redevelopment.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Commercial Sale
MLS ®
12616566
Year Built
1961
Total Square Footage
2,150
Lot/Acreage
0.07
County
Cook
Area
CHI - West Lawn
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: .074
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: 1-5 Spaces,Parking-Street
Financial Details
- Tax Amount: $6,214
- Taxes w/Assessments: N/A
- Tax/Property ID: 19222070030000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
4017 W 63rd St Chicago, IL 60629
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