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Mixed-Use Retail and Residential Property
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3249 W 63rd Street, Chicago, IL 60629

Mixed residential and retail income property at 3249 W 63rd Street in Chicago, highlighted for high traffic visibility.

Property SizeContact for details
Days on Market112

Property Features for 3249 W 63rd Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Homesmart Connect LLC
Listed By: Kathy Barcham · License #252244
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 21 at 1:21PM

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 Homesmart Connect LLC

Investment Insights

Based on property information with market context.

This mixed-use income property combines residential units with retail space, with the goal of supporting diversified rental income. Public remarks emphasize high traffic visibility for retail tenants and a long history of stable residential occupancy, which can be relevant for buyers focused on steady performance.

The property is located at 3249 W 63rd Street in Chicago, IL 60629. Public remarks also note proximity to schools, parks, shopping, and public transportation, which may support day-to-day tenant convenience for both residential and retail uses.

For sale as an income-oriented asset, the offering is positioned around a blend of commercial and residential occupancy.

Key Highlights

  • Mixed residential and retail income property at 3249 W 63rd Street in Chicago
  • High traffic visibility for retail tenants, supporting strong exposure
  • Mix of residential and commercial units provides diversified income streams

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.

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Mixed residential and retail income property at 3249 W 63rd Street in Chicago, highlighted for high traffic visibility.
Where is this storefront property located?
The property is located at 3249 W 63rd Street Chicago, IL.
What are key features of this property?
This property features: Mixed residential and retail income property at 3249 W 63rd Street in Chicago; High traffic visibility for retail tenants, supporting strong exposure; Mix of residential and commercial units provides diversified income streams
More about this property
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