4019 W 63rd Street Chicago, IL 60629
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.
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Listing Office: Century 21 Circle
Listing Office Phone: 708-531-0800
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
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