4017 W 63rd Street Chicago, IL 60629
Retail
MLS #: 12616566
Listed By CENTURY 21 Circle
Property InformationDescription
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. Sold as-is
Features
- Cross Docks: N
- For Auction: N
- Industrial Ground Level: N
- Lot Size In Text: 3125 Sq. Ft.
- MLSID: 12616566
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Rail: N
- Sprinklers: N
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $6214.00
- Year Built: 1961
