$150,000
937 W 59th Street
Chicago, IL, 60621
Unlock the potential of this well-located and adaptable mixed-use property, offering both commercial and residential income streams. Situated on vibrant West 59th Street, this 2-unit building presents a unique opportunity for investors, small business owners, or live/work buyers looking to capitalize on a high-visibility location. Property Highlights: First Floor – Commercial Storefront (Retail/Office Use): The ground level features an open-concept retail space, previously utilized as a beauty salon. The flexible layout includes large front-facing windows for natural light and visibility. Perfect for salon/barbershop, boutique, convenience store, office, or professional services. Second Floor – Residential Apartment: The upper unit is a well-maintained 2-bedroom, 1-bath apartment with a spacious living room, eat-in kitchen, and ample closet space. Great rental income potential or ideal for an owner/operator looking to live above their business. Parking & Outdoor Space: Garage parking accommodates up to 2 vehicles, with alley access. Small backyard area offers additional space for garbage, deliveries, or potential outdoor upgrades. Location & Accessibility: Located on the CTA #59 59th/61st bus route 0.2 miles to CTA #8 Halsted – easy north-south city access 0.7 miles to CTA Green Line – Halsted Station – direct train service to Downtown and South Side neighborhoods Surrounded by established businesses, schools, and residential homes – ideal for steady foot traffic and neighborhood clientele Zoning & Investment Potential: Zoned B1-1, allowing for a wide variety of small-scale retail and service uses Ideal for an owner-occupant, investor, or business expansion Potential to increase rents with cosmetic updates or full modernization Can qualify for small business grants or commercial corridor revitalization programs (buyer to verify) This is a rare chance to own a multi-use asset in a well-connected area with strong upside potential. Whether you’re looking to expand your business, begin your investing journey, or generate dual income, this property checks all the boxes. Schedule your private tour today!
Property Details
Price:
$150,000
MLS #:
MRD12415211
Status:
Active
Beds:
0
Baths:
0
Address:
937 W 59th Street
Type:
Commercial
Neighborhood:
CHI – Englewood
City:
Chicago
Listed Date:
Jul 9, 2025
State:
IL
ZIP:
60621
Year Built:
1896
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick, Concrete
Roof
Tar/ Gravel
Financial
Tax Year
2023
Taxes
$2,110
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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937 W 59th Street
Chicago, IL
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