6029 W 63rd Street
Chicago, IL, 60638
$975,000
Beds
0 Baths
4,900 SqFt
0.07 Acres
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$975,000
6029 W 63rd Street
Chicago, IL, 60638
MLS #MRD12175266 img 0MLS #MRD12175266 img 1MLS #MRD12175266 img 2MLS #MRD12175266 img 3MLS #MRD12175266 img 4MLS #MRD12175266 img 5MLS #MRD12175266 img 6MLS #MRD12175266 img 7MLS #MRD12175266 img 8MLS #MRD12175266 img 9MLS #MRD12175266 img 10MLS #MRD12175266 img 11MLS #MRD12175266 img 12MLS #MRD12175266 img 13MLS #MRD12175266 img 14MLS #MRD12175266 img 15MLS #MRD12175266 img 16MLS #MRD12175266 img 17MLS #MRD12175266 img 18MLS #MRD12175266 img 19MLS #MRD12175266 img 20MLS #MRD12175266 img 21MLS #MRD12175266 img 22MLS #MRD12175266 img 23MLS #MRD12175266 img 24MLS #MRD12175266 img 25MLS #MRD12175266 img 26MLS #MRD12175266 img 27MLS #MRD12175266 img 28MLS #MRD12175266 img 29MLS #MRD12175266 img 30MLS #MRD12175266 img 31MLS #MRD12175266 img 32MLS #MRD12175266 img 33MLS #MRD12175266 img 34MLS #MRD12175266 img 35MLS #MRD12175266 img 36MLS #MRD12175266 img 37MLS #MRD12175266 img 38
Well-maintained 6-unit multi-family property, located in Chicago’s desirable Clearing neighborhood. The building features a mix of three 2-bedroom/1-bath and three 1-bedroom/1-bath units, occupied by long-term tenants paying under market rates. The property includes five parking spaces behind the building and coin-operated laundry. Situated in Clearing, a quiet and friendly area known for its proximity to Midway Airport, major highways, parks, and schools, this location ensures steady tenant demand. At the asking price and with rents adjusted to market levels, the property will generate over a 7% cap rate without the need for improvements. Offering Memorandum available upon request.

Property Details

Price:
$975,000
MLS #:
MRD12175266
Status:
Active
Beds:
0
Baths:
0
Address:
6029 W 63rd Street
Type:
Commercial
Neighborhood:
CHI – Clearing
City:
Chicago
Listed Date:
Oct 9, 2024
State:
IL
Finished Sq Ft:
4,900
Total Sq Ft:
4,900
ZIP:
60638
Lot Size:
5,700 sqft / 0.07 acres (approx)
Year Built:
1969

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$53,108
Tax Year
2023
Taxes
$7,033
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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6029 W 63rd Street
Chicago, IL