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Mixed-Use Building with Storefronts
New
For Sale
$799,900

3249 W 63rd St, Chicago, IL 60629

Combination residential and commercial property with occupied apartments and available storefront space.

Property Size25,552 SF
Price / SF$31.30
Days on Market4

Property Features for 3249 W 63rd St

General Information

Standard status Active
Size 25,552 SF

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 9

Building Details

Year Built 1922
Buildings 1
Tenancy Multi
Listing Agency: Infiniti Properties, Inc.
Listed By: Ned Malley · License #471007341
Source: Grandviewrealtyservices
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 4 at 8:56AM

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 Infiniti Properties, Inc.

Investment Insights

Based on property information with market context.

Built in 1922, this 25,552 SF mixed-use building combines nine residential apartments with six commercial storefronts. All nine apartments are occupied, while three storefronts are leased and three are vacant. The property comprises the addresses 3249–3259 W 63rd St and 6309–6311 S Spaulding Ave in Chicago’s Marquette Park neighborhood.

Residential occupants pay their own gas and electric costs. Commercial occupants are responsible for gas, water, and electric expenses under the stated utility arrangements. The building is situated along 63rd Street near schools, parks, shopping, and public transportation, providing a combination of residential and commercial space within an established South Side setting.

Key Highlights

  • 25,552 SF mixed‑use building constructed in 1922
  • Nine residential apartments, all fully occupied
  • Six commercial storefronts: 3 leased and 3 vacant

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Garden Center Acupuncture

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

9
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,101
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?
Mixed-use property - Combination residential and commercial property with occupied apartments and available storefront space.
Where is this mixed-use property located?
The property is located at 3249 W 63rd St Chicago, IL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 25,552 SF mixed‑use building constructed in 1922; Nine residential apartments, all fully occupied; Six commercial storefronts: 3 leased and 3 vacant
More about this property
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