4017 W 63rd Street, Chicago, IL, 60629
$175,000
4017 W 63rd Street, Chicago, IL 60629
3,125 sqft
Lot Area
1961
Year Built
Details:
Highlights:
- Annual Tax: $ 6214.0
Description:
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
Listing ID: 15837cbe-3556-4837-b2c9-0f473db9a0ac
Location
Gallery