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    344 East 63Rd St Chicago, IL 60637

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    For Sale
    Contact for pricing

    16,290 SF retail property with NNN lease income.

    Property size:
    16,290 SF

    Property Features for 344 East 63Rd St

    General Information

    Size
    16,290 SF

    Building Details

    Year built
    1966

    Source: Karen Kulczycki, CCIM, SIOR Agent Karen Kulczycki, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Supermarket Retail Space Available

    The property at 344 E. 63rd Street is a 16,290 SF retail space formerly occupied by Save-a-Lot Supermarket. Situated in Chicago, Illinois, the free-standing building sits on 0.76 acres. The property has NNN lease income through February 2027. It features a 12'x14' exterior drive-in door and 35 surface parking spaces. The location offers frontage on E. 63rd Street & S. Calumet Ave. The property is located in Hyde Park Township near Washington Park, steps from the Green Line "el" station, and less than 1.5 miles from the I-94/I-90 interchange. It is across the street from Dulles Elementary School and the Norfolk Southern Intermodal Yard, and approximately 1.5 miles from the University of Chicago campus. EZRC & SBA HubZone Incentives are available.
    Location Intelligence

    Current Use by Public Records

    Amazon Hub Locker ... Mailing Service

    Suggested Use

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

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

    Similar Places Nearby

    Parkway Supermarket, Jewel-Osco

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.616355
    Latitude
    41.780276

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    FAQs

    What type of property is this?
    Grocery and convenience store - 16,290 SF retail property with NNN lease income.
    Where is this grocery and convenience store located?
    The property is located at 344 East 63Rd St Chicago, IL.
    What are key features of this property?
    This property features: - NNN lease income through February 2027 provides immediate revenue stream.; - Located steps from the Green Line 'el' station, offering excellent public transportation access.; - 16,290 SF free-standing retail building on 0.76 AC.
    (630) 330-3352
    Request Owner's contact information
    344 East 63Rd St Chicago, IL 60637
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    Chicago, IL 60637
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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
    344 East 63Rd St Chicago, IL 60637
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