4019 W 63rd Street, Chicago, IL 60629

sale $349,000 | Retail

Listed By CENTURY 21 Circle

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.

Property Features

Cross Docks: N
For Auction: N
Lot Size In Text: 3750 Sq. Ft.
MLSID: 12615865
Parking Places: 0
Price Per Area: 0.00
Price Upon Request: N
Style: Other Style
Sublease: N
Tax Year: 2024
Taxes: $6214.00
Year Built: 1961

4019 W 63rd Street, Chicago, IL 60629

Property Features

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