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Mixed-Use Retail and Residential

6551 W 63rd Street Chicago, IL 60638

6551 W 63rd Street, Chicago, IL, 60638
$395,000
For Sale
$395,000

COMMERCIAL - Chicago, IL

Lot Size0.07 Acres
Days on Market103

Property Features for 6551 W 63rd Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Standard status
Active
APN
19192020740000
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4220

Utilities

Cooling system
Central Air

Building Details

Year built
1962
Floors in Building
1
Number of units
2
Building materials
Brick
Listing Agency REMAX Legends
17W480 22nd St, Oakbrook Terrace, IL
Listed by Nazire Tahiri · License #475203950
Added: Apr 6 Checked: Jul 17 at 7:06 am
MLS# 12611378

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 combines a front commercial space and a rear residential unit. The front suite includes a private bathroom and is currently leased to a hair salon on a flexible month-to-month basis. The rear unit offers three bedrooms, one bathroom, and a full basement, and it is currently vacant and ready for occupancy or rental.

The property includes a detached 2-car garage and sits on an expansive lot. The seller notes the site was previously utilized as a car dealership, and the lot is described as suitable for automotive-related uses such as parking, vehicle sales, or other commercial applications. A survey is available.

Zoning is listed as COMMR, and the remarks further reference zoning as C2-2, which may support a range of business and mixed-use possibilities. This configuration can fit an owner-user looking to combine retail tenancy with an added residential unit, or an investor seeking a property that pairs an occupied front space with a vacant rear unit that can be re-tenanted.

Key Highlights

  • Immediate income potential from leased commercial space (hair salon) with month‑to‑month flexibility.
  • Vacant 3‑bedroom residential unit ready for occupancy or rental income.
  • Expansive lot previously used as a car dealership, ideal for automotive or commercial use.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

FinishLine Motorsport Car Dealership

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Parking Lot & Garage Daycare Center Barber Shop Food Market (Bike/Boat/Book/etc) Store Spa & Massage Center

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

FAQs

What type of property is this?
Mixed-use property - Front retail space with private bath is leased to a hair salon; a vacant rear 3-bedroom residence with basement awaits occupancy.
Where is this mixed-use property located?
The property is located at 6551 W 63rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Immediate income potential from leased commercial space (hair salon) with month‑to‑month flexibility.; Vacant 3‑bedroom residential unit ready for occupancy or rental income.; Expansive lot previously used as a car dealership, ideal for automotive or commercial use.
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