4656 W 63Rd Street, Chicago, Illinois 60629
- $315,000
- Sold Price
- $315,000
- List Price
- $334,999
- Closing Date
- Jan 22, 2025
- MLS#
- 12179668
- Status
- CLOSED
- Type
- Commercial
- Subtype
- Commercial Sale
- County
- Cook
- City
- Chicago
- Gross Rental Income
- 37980
- Neighborhood
- West Lawn
- Days On Market
- 50
Property Description
This 5-unit mixed-use commercial property, located on the highly visible and trafficked corner of 63rd Street and Kilpatrick, offers an excellent investment opportunity. The building features four commercial spaces and one residential unit, all within walking distance to Cicero Avenue, the Orange Line CTA Hub Station, Midway Airport, shopping, restaurants, hotels, and approximately 5 miles from the I-55 expressway. Whether you are looking to invest or live and operate your business, this property provides great flexibility. On 63rd Street, you'll find two adjacent commercial storefronts with limitless potential. Moving north on Kilpatrick, just behind the two commercial spaces, you'll discover the residential unit, which includes a kitchen and dining area, living room, recreation room, two bedrooms, and a full bathroom. A side entrance leads to a partially finished basement, adding even more living space with a utility room, laundry room, and additional storage. The basement is a full walkout leading to the back patio area, perfect for relaxation or extra space. Continuing north past the residential area, you'll encounter two smaller commercial stores that round out the property. The property is available for purchase with cash or commercial financing, and prospective buyers are asked to respect the current tenants' privacy by not disturbing them.
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Additional Information
- Tax Year
- 2023
- Tax Amount
- $4,085
- Year Built
- 1939
- Lot Dimensions
- 33X125
- Air Conditioning
- Window Unit(s)
Mortgage Calculator
Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
Selling Office: Berkshire Hathaway HomeServices Chicago.
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