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Remodeled Retail and Residential Property
For Sale
$319,000

3121 W 63rd Street, Chicago, IL 60629

Investment property featuring a remodeled salon and a three-bedroom unit.

Property SizeContact for details
Days on Market464

Property Features for 3121 W 63rd Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,406

Building Details

Year Built 1923
Listing Agency: IDREAM REALTY INC
Listed By: ROSALBA BULZA · License #471009228
Source: Corcoran
Added: May 7, 2025 Changed: Mar 16 Last Checked: Mar 16 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 IDREAM REALTY INC

Investment Insights

Based on property information with market context.

This solid brick building presents an investment opportunity, featuring a newly remodeled spa/beauty salon on the first floor with a one-year lease. The second floor contains a large unit with three bedrooms and 1.5 bathrooms. The full basement is unfinished and includes a bathroom. Additionally, the property has a two-car brick garage.

Key Highlights

  • Newly remodeled spa/beauty salon on the first floor with a 1‑year lease provides immediate rental income.
  • Solid brick building construction.
  • Second‑floor unit features 3 bedrooms and 1.5 baths.

Property Analytics

Current Use

LONDYN EXTENSION & BEAUTY 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.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Investment property featuring a remodeled salon and a three-bedroom unit.
Where is this retail space located?
The property is located at 3121 W 63rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Newly remodeled spa/beauty salon on the first floor with a 1‑year lease provides immediate rental income.; Solid brick building construction.; Second‑floor unit features 3 bedrooms and 1.5 baths.
More about this property
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