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Brick Mixed-Use Building
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3116 W 63RD Street 5, Chicago, IL 60629

Main-level commercial space is paired with a three-bedroom apartment upstairs.

Property Size4,025 SF
Price / SF$64.57
Days on Market9

Property Features for 3116 W 63RD Street 5

General Information

Standard status Active
Size 4,025 SF
Property subtype Mixed Use
Zoning COMMR

Building Details

Year Built 1949
Buildings 1
Stories 2
Units 2
Construction brick
Listing Agency: Remax Legends
Listed By: Edgar R Guerrero · License #IL 874979
Source: Crexi
Added: Aug 3 Changed: Aug 11 Last Checked: Aug 11 at 9:09AM

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 Remax Legends

Investment Insights

Based on property information with market context.

Built in 1949, this brick mixed-use property contains 4,025 square feet across commercial and residential components. The main floor provides approximately 2,500 square feet of open commercial area, with showroom space, basement storage, and separate rear access. Above it is a three-bedroom, one-bath apartment with a living room, dining area, and kitchen.

The property is located at 3116 W 63rd Street in Chicago, within the Chicago Lawn area and one-half block east of Kedzie Avenue. It sits along 63rd Street among established national and local businesses. The layout supports an owner-occupant arrangement with commercial operations below and residential use above, while also providing separate commercial and apartment components for investment use. The property is offered as-is.

Key Highlights

  • 4,025‑square‑foot mixed‑use property built in 1949
  • Approximately 2,500 square feet of commercial space on the main level
  • Three‑bedroom, one‑bath apartment on the second floor

Property Analytics

Current Use

California Warehouse Furniture Department Store

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.

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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level commercial space is paired with a three-bedroom apartment upstairs.
Where is this mixed-use property located?
The property is located at 3116 W 63RD Street 5 Chicago, IL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 4,025‑square‑foot mixed‑use property built in 1949; Approximately 2,500 square feet of commercial space on the main level; Three‑bedroom, one‑bath apartment on the second floor
More about this property
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