4019 W 63rd Street, Chicago, IL

$349,000

Overview

  • 175870
  • Property ID
  • Updated On:
  • April 11, 2026

Description

Income-Producing West Lawn Storefront with Value-Add Flexibility! Prime commercial investment opportunity in the West Lawn neighborhood of Chicago. This approximately 3,000 sq. ft. storefront is currently occupied by a convenience store tenant, providing immediate rental income. The space features a spacious retail area, private office, storage room, and separate men’s and women’s restrooms. The property includes 3 rear parking spaces and a furnace replaced approximately 7 years ago. Tenant is on a month-to-month lease, offering flexibility for investors or potential owner-users. Current rent is $1,850/month, with tenant responsible for gas, electric, water, and business insurance. Rent equates to approximately $7.40/SF annually, offering significant upside potential as market rents in area are much higher. Tenant has expressed a desire to remain in place and understands rent is below market and subject to increase. Property may be purchased individually or as part of a package with the adjacent 4017 W. 63rd St. (separate PIN), creating additional value and income potential. Located along the high-traffic 63rd Street corridor, this property benefits from strong visibility, steady foot traffic, and a well-established commercial presence.

Climate Control
Air Conditioning
Other Features
All Utilities
Brick
Central Air
Circuit Breakers
Electric to Site
Electricity
Heat
Insurance
Janitorial Service
Natural Gas Available
Service - 0 to 100 Amps
Sewer
Sewer Connected
Trash Collection
Vinyl

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$1,789.39
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,353.14

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Information for the property at 4019 W 63rd Street, Chicago, IL, 60629 (Property ID: 175870) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi