Prime commercial storefront opportunity on Chicago's busy 63rd Street corridor in the West Lawn neighborhood. Approximately 3,000 square feet of versatile retail/commercial space featuring a large open storefront area, private office, storage room, separate men's and women's restrooms, and 3 rear parking spaces. Currently occupied by a long-term tenant operating a convenience store on a month-to-month basis, providing immediate income while allowing flexibility for future use. Current rental rate is below market, creating an attractive value-add opportunity for investors seeking increased cash flow potential. Tenant has expressed interest in remaining at the property and understands future rent adjustments may be implemented. Tenant is responsible for gas, electric, water, and business insurance. Positioned along a high-visibility commercial corridor with strong traffic counts and established neighborhood businesses. Ideal opportunity for investors, owner-users, retail operators, service businesses, or entrepreneurs looking to establish a presence in a thriving location. Property may be purchased individually or together with adjacent 4017 W. 63rd St. (separate PIN) for expanded investment potential. Sold As-Is.
— the listing agent’s description
The home
Built in 1961
Lot 30X125
Retail/Stores
What it’ll cost
$6,214 taxes / yr
No HOA
New today
Estimated monthly payment
$2,341/mo
Principal & interest$1,728
Property taxes$518
Homeowners insurance$95
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