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Mixed-Use Property with Storefront
New
For Sale
$375,000

2918 W 63rd Street, Chicago, IL 60629

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.25 Acres
Days on Market5

Property Features for 2918 W 63rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions N 63rd Street, E Richmond street, W Francisco Street, S 63rd Street
Subdivision CHI - Chicago Lawn
Standard status Active
APN 19133290300000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2638

Utilities

Cooling system Central Air

Building Details

Year built 1929
Floors in Building 2
Number of units 2
Building materials Brick
Listing Agency: A Progeny Global LLC
Listed By: Pamela Mondane
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 2 at 8:06AM
MLS# 12771614

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property contains two units: a storefront measuring approximately 1,900 square feet and a three-bedroom, two-bath apartment. The commercial space has a reception and waiting area, two restrooms, and an open layout. The apartment features hardwood flooring. A basement provides additional space, and the building is constructed of brick with central air conditioning. Built in 1929, the property sits on a 0.25-acre lot and carries COMMR zoning.

The property is located on 63rd Street in Chicago. Its configuration includes both a street-facing commercial component and a separate residential unit.

Key Highlights

  • Two‑unit mixed‑use property with a commercial storefront and apartment
  • Storefront measures approximately 1,900 square feet and has two restrooms
  • Apartment offers 3 bedrooms, 2 bathrooms, and hardwood flooring

Property Analytics

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Current Use

Nicole's Nail salon ... Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Acupuncture Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,229
Businesses Nearby

Demographics for 60629, IL

114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The two-unit configuration combines a commercial space with a three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 2918 W 63rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑unit mixed‑use property with a commercial storefront and apartment; Storefront measures approximately 1,900 square feet and has two restrooms; Apartment offers 3 bedrooms, 2 bathrooms, and hardwood flooring
More about this property
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