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Address
3116 W 63rd Street # 5, Chicago, IL
Price
$ 199,000
Property Attributes
  • MLS#12756951
  • TypeCommercial
  • Listing Status New
  • CountyCOOK
  • CityChicago
  • AreaCHI - Chicago Lawn
  • NeighborhoodChicago Lawn
  • Zip60629
  • StyleCommercial
  • Year Built1949
  • Taxes$ 2638
  • Price$ 199,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4025
  • Lot Size0.07174 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Great opportunity to own a solid brick mixed-use building in the heart of Chicago Lawn on busy 63rd Street! This versatile property features approximately 2,500 sq. ft. of commercial space on the main level, previously operated as a furniture store, offering endless possibilities for retail, office, professional, medical, or service-related businesses. The second floor offers a spacious 3-bedroom, 1-bath apartment with a large living room, dining room, and kitchen, ready for your renovation ideas. The main level includes a large open space showroom, basement storage, and private rear access. Perfect for an owner-occupant looking to live upstairs while operating a business below, or an investor seeking both commercial and residential rental income. Ideally located in a high-visibility, high-traffic corridor just 1/2 block east of Kedzie Ave., surrounded by established national and local businesses. With ongoing investment and redevelopment throughout the area, this corridor is positioned for continued growth, making this an excellent opportunity to add value. Property is being sold AS-IS.

Price History
9/11/2026 Listed $199,000

General Features

Cooling None
Roof Rubber
Zoning COMMR
Year Built 1949
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories Count 2
Township South Chicago
Unit Number 5
Property Subtype Mixed Use
Tax Year 2023
Current Use Commercial
County Cook
Property Type Commercial Sale
Possible Use Commercial
Status New
Directions ON 63RD EAST OF KEDZIE: GO EAST TO PROPERTY
City Chicago
Number Of Units Total 2
MLS Area CHI - Chicago Lawn
Lot Size Square Feet 3125
Tax Annual Amount 2638
Additional Parcels Y/N No
Lease Type N/A
Standard Status Active
Property Type Mixed Use

Exterior Features

Building Area Total 4025
Lot Dimensions 25X125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60629

Price
AVG $240K
$200K
Taxes
AVG $9,418
$2,638
Year Built
AVG 1939
1949
Visits
AVG 354
18
Data Provided by Inside Real Estate®

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