5840 W 63rd Street
Chicago, IL 60638

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Description

Prime investment opportunity in Chicago's Clearing neighborhood! This well-maintained commercial storefront at 5840 W 63rd St features four rentable units, all currently leased. A newly signed tenant just secured the 496 SF space at $1,500/month as a tattoo shop-demonstrating strong market demand and proving rental upside for the larger suites. The remaining three units range from 1,000-1,550 SF, offering ample room for future rental growth. With a diverse tenant mix, visible frontage along 63rd Street, and steady neighborhood traffic, this property delivers both stability and upside potential.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60638
• Year Built: 1970
• Sq.Ft.: 4,603 sq ft
• Stories: 1
• Units: 4 units
• # Of Tenants: 4
• Additional Parcels: Yes
• Building Area Total: 4603
• Cooling: Central Individual
• Directions: From I-55 (Stevenson Expressway), exit at Central Ave and head south. Continue south to 63rd St, then turn west. Property is located at the corner of 63rd St and Major Ave.
• Electric: Circuit Breakers
• Fire Protection: Carbon Monoxide Detector(s)
• Gross Income: 58800
• Gross Scheduled Income: 58800
• Heat/Ventilation: Individual Furnaces
• Information: Show-Special Instructions, Other-See Remarks
• Leasable Area: 4603
• Leasable Area Units: Square Feet
• Lot Size Square Feet: 9281
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 4603
• Property Offered: For Sale Only
• Tax Annual Amount: 30487
• Tax Year: 2023
• Tenant Pays: All Utilities
• Total Monthly Income: 4900