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5840 W 63rd Street

Chicago, IL 60638
  • $499,000
  • STATUS: Active
  • ON SITE: 147 Days
  • MLS #: 12477537
UPDATED: 89 min ago
$499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

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.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-16T23:03:26.233 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5840 W 63rd Street Chicago, IL 60638

  • Price: $499,000
  • Status: Active
  • On Site: 147 Days
  • Updated: 89 min ago
  • MLS #: 12477537
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property 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.
Interior Features

Cooling Central Individual Heat Ventilation Individual Furnaces Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Association Fee Frequency Not Applicable Building Area Total 4603 Business Type Retail Electric Circuit Breakers Fire Protection Carbon Monoxide Detector(s) Gross Income 58800 Gross Scheduled Income 58800 Leasable Area 4603 Mls Actual Status Active Net Operating Income 22848 Number Of Tenants 4 Property Offered For Sale Only Tax Annual Amount 30487 Tax Year 2023 Tenant Pays All Utilities Total Monthly Income 4900 Type Retail/Stores

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Listing Leaders Northwest, Inc: 219-961-5478.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-16T23:03:26.233 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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