6551 W 63rd Street, Chicago, IL

$420,000

Overview

  • 160288
  • Property ID
  • Updated On:
  • April 6, 2026

Description

Prime Mixed-Use investment opportunity in the Clearing neighborhood of Chicago! This versatile mixed-use property offers immediate income potential and long-term upside. The front commercial space includes a private bathroom and is currently leased to a hair salon on a flexible month-to-month basis, providing instant cash flow with flexibility for future use.The rear residential unit features 3 bedrooms, 1 bathroom, and a full basement, currently vacant and ready for occupancy or rental income. A detached 2-car garage adds additional value and convenience. Previously utilized as a car dealership, the property sits on an expansive lot ideal for automotive use, including parking, vehicle sales, or other commercial applications. Zoned C2-2, this property allows for a wide range of business and mixed-use possibilities. Located in a high-visibility, up-and-coming area with strong accessibility, this is a perfect opportunity for investors, owner-users, or developers seeking a flexible, income-producing asset with significant growth potential. Survey available for your convenience.

Climate Control
Air Conditioning
Other Features
All Utilities
Brick
Central Air
Service - 101 to 200 Amps

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$2,153.42
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,628.42

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Information for the property at 6551 W 63rd Street, Chicago, IL, 60638 (Property ID: 160288) 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