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    3123 W 63Rd St Chicago, IL 60629

    For Lease
    $2,000 /Mo

    Neighborhood Storefront - Chicago, IL

    Days on Market:
    74
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 3123 W 63Rd St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1925
    Flooring type
    Vinyl
    Architectural style
    Other

    Acevedo Realty Group, Inc. (312) 719-1100 [email protected]

    Listing agent Jovita Acevedo (312) 719-1100 License #471003923

    Listing date Sep 24, 2025

    MLS# 12425478 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Storefront on 63rd Street

    Located on the high-traffic 63rd Street business corridor in Chicago Lawn, just east of Kedzie Avenue, this commercial storefront offers 1,462 square feet of recently renovated space. The property features large storefront windows providing ample illumination, and an open concept layout that allows for flexible floor plan design. The space includes new vinyl plank flooring, new lighting, and central air conditioning. It is equipped with a small kitchen area and one bathroom. Zoned B1-1, the property is suitable for various uses, including office space, tax preparation services, retail shops, nail or lash salons, bridal shops, gift shops, and boutiques. Additional features include large storefront windows and one rear parking space for one car. The tenant is responsible for electric and gas utilities. The property is located near Midway Airport and minutes from Downtown Chicago.
    Location Intelligence

    Current Use by Public Records

    Costa Azul Travel Travel Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7017025
    Latitude
    41.7787793

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    FAQs

    What type of property is this?
    Retail space - Recently renovated 1,462 SF storefront in Chicago Lawn for rent.
    Where is this retail space located?
    The property is located at 3123 W 63Rd St Chicago, IL.
    What are key features of this property?
    This property features: - Prime Commercial Location on high-traffic 63rd Street, east of Kedzie Avenue.; - Recently Renovated: 1,462 sq ft of updated space.; - Flexible Open Concept: Design your own floor plan.
    (312) 719-1100
    Request Owner's contact information
    3123 W 63Rd St Chicago, IL 60629
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    Chicago, IL 60629
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3123 W 63Rd St Chicago, IL 60629
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