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    350 E 63Rd St Chicago, IL 60637

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    For Sale
    Contact for pricing

    16,290 SF retail building with parking and incentives.

    Property size:
    16,290 SF
    Lot size:
    0.75 Acres

    Property Features for 350 E 63Rd St

    General Information

    Size
    16,290 SF
    Lot size
    0.75 Acres

    Source: SVN | Chicago Agent Karen Kulczycki, CCIM

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

    Overview

    Retail Building on 63rd Street

    This is a 16,290 square foot free-standing retail building situated on a 0.76-acre lot. The property, formerly a Save-a-Lot, has a NNN lease term through February 2027. It features a 12'x14' exterior drive-in door and 35 surface parking spaces. The location benefits from frontage on E. 63rd Street and S. Calumet Ave. The property is located within an EZRC & SBA HubZone, offering potential incentives.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    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.

    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 building with parking and incentives.
    Where is this grocery and convenience store located?
    The property is located at 350 E 63Rd St Chicago, IL.
    What are key features of this property?
    This property features: - ±16,290 SF Free-Standing Retail on 0.76 AC; - NNN term through Feb 2027; - Frontage on E. 63rd Street & S. Calumet Ave
    (630) 330-3352
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    350 E 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
    350 E 63Rd St Chicago, IL 60637
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