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3257-3259 W 63rd St 15 Unit Apartment Building $799,900 ($53,327/Unit) Chicago, IL 60629
Investment Highlights
- Mixed Use building
- 6 storefronts
- Great income property
- 9 apartments
- Prime location
- Low maintenance building
Executive Summary
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. The building features 9 residential apartments (100% 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
Located directly on high-visibility 63rd Street with excellent access and foot traffic, this asset offers strong upside potential. The building features 9 residential apartments (100% 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
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 19-23-203-001-0000 | Improvements Assessment | $114,969 |
| Land Assessment | $22,431 | Total Assessment | $137,400 |
Property Taxes
Parcel Number
19-23-203-001-0000
Land Assessment
$22,431
Improvements Assessment
$114,969
Total Assessment
$137,400
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Contact the Sale Advisor
3257-3259 W 63rd St