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$799,900
Est. payment /mo
25,552 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 25,552 sqft
Price per Sqft $31
MLS Listing ID 12732577
Year Built 1922
Annual Tax Amount $31,193
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
Prime mixed-use investment property in the heart of Chicago's vibrant South Side- Marquette Park neighborhood. This building includes addresses: 3249-3259 W 63rd St & 6309-6311 S Spaulding Ave. Located directly on high-visibility 63rd Street with excellent access and foot traffic, this asset offers strong upside potential. Local amenities: Close to schools, parks, shopping, and public transportation, making it a convenient and attractive place to live. The building features 9 residential apartments (fully occupied) and 6 commercial storefronts (3 currently leased, 3 vacant for immediate value-add potential).Enjoy a solid income stream with favorable utility structures: residential tenants pay their own gas and electric, while commercial tenants cover gas, water, and electric. With full occupancy, this property delivers an exceptional monthly revenue return
Location
State IL
County Cook
Area Chi - Chicago Lawn
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Ned Malley of Infiniti Properties, Inc.
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Crosstown Realtors
Owner | License ID: 471019341