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6551 W 63rd St 1,800 SF Vacant Office Building Chicago, IL 60638 $579,797 CAD ($322.11 CAD/SF)



Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,800 SF
Building Class
B
Year Built
1962
Price
$579,797 CAD
Price Per SF
$322.11 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,800 SF
Building FAR
0.21
Lot Size
0.20 AC
Zoning
C2-2 - Motor Vehicle-Related Commercial District
Parking
31 Spaces (17.22 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 1,800 SF
- Office/Retail
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,800 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 1,800 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $30,495 CAD | |
| Land Assessment | $16,524 CAD | Total Assessment | $47,019 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$16,524 CAD
Improvements Assessment
$30,495 CAD
Total Assessment
$47,019 CAD
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6551 W 63rd St
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