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Mixed-Use Apartment and Retail
For Sale
Contact for pricing
Pending

3045 W 63rd St, Chicago, IL 60629

A mixed-use building with 16 apartments and commercial space, featuring updated plumbing and new boiler and hot water heater.

Property SizeContact for details
Days on Market136

Property Features for 3045 W 63rd St

General Information

Standard status Pending
Property subtype Mixed Use

Additional Details

Multifamily Units 16
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Kyle Stengle · License #IL 475.138461
Source: Crexi
Added: Apr 12 Changed: Aug 23 Last Checked: Aug 24 at 4:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This for-sale mixed-use property features 16 apartments along with commercial space. Apartment unit mix includes studio, one-bedroom, and two-bedroom layouts. The building has undergone notable system updates, with 100% new copper plumbing, along with a new boiler and new hot water heater.

The property is located on 63rd Street in Chicago’s main retail corridor, supporting an income-generating mix of residential and retail uses.

The combination of apartment units and long-term retail tenants provides a built-in dual-income structure for investors seeking a property with immediate operational improvements already completed.

Key Highlights

  • Mixed‑use building with 16 apartments plus commercial space
  • Unit mix includes studio, one‑bedroom, and two‑bedroom apartments
  • Located on 63rd Street on a main retail corridor

Property Analytics

Current Use

Get It Now ... Hair Salon Esthie Bestie ENT Spa & Massage Center Loc’d with Nae Hair Salon SlayKeshia Beauty & CO ... Cosmetic Store It Comes Natural Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Pharmacy Cafe & Coffee Shop

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,184
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A mixed-use building with 16 apartments and commercial space, featuring updated plumbing and new boiler and hot water heater.
Where is this apartment building located?
The property is located at 3045 W 63rd St Chicago, IL.
What are key features of this property?
This property features: Mixed‑use building with 16 apartments plus commercial space; Unit mix includes studio, one‑bedroom, and two‑bedroom apartments; Located on 63rd Street on a main retail corridor
(312) 636-6383 Call to check price and availability
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