Mixed-Use Building with Retail
For Sale
$899,999
3643 55th Street, Chicago, IL 60632
Mixed-use property with two commercial spaces and six apartments, including vacant restaurant space and parking for 5–6 cars.
Property SizeContact for details
Days on Market150
Property Features for 3643 55th Street
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Mixed Use
Occupancy
75%
Additional Details
Business Included
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$16,511
Amenities
Central Air, Window Air Conditioning
3
Building Details
Year Built
1929
Tenancy
Multi
Listing Agency:
R.A. Homes & Associates, Inc.
(773) 818-5781
Listed By:
Reynaldo Arteaga
(773) 818-5781
Source:
Xome
Added: Mar 14
Changed: Aug 8
Last Checked: Aug 9 at 5:37AM
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 R.A. Homes & Associates, Inc.
Investment Insights
Based on property information with market context.
This mixed-use building offers two commercial spaces and six residential units. The property includes two 2-bedroom apartments and four 1-bedroom apartments, and each unit has its own electrical and gas meter. One commercial space is operating as a hair salon, while the other commercial space was intended for restaurant use; the restaurant equipment is included in the sale and the restaurant space is currently vacant. The building also has a partially finished basement.
On-site parking is available in the back of the building for approximately 5–6 vehicles. The property is located at 3641–3643 W 55th Street in Chicago, Illinois.
The current configuration provides a combination of income-producing retail and apartment units, with the restaurant and one apartment unit available for occupancy. Separate metering supports straightforward utility allocation across the residential and individual units.
On-site parking is available in the back of the building for approximately 5–6 vehicles. The property is located at 3641–3643 W 55th Street in Chicago, Illinois.
The current configuration provides a combination of income-producing retail and apartment units, with the restaurant and one apartment unit available for occupancy. Separate metering supports straightforward utility allocation across the residential and individual units.
Key Highlights
- Mixed‑use building at 3641‑3643 W 55th Street with 2 commercial spaces and 6 apartments
- Apartment mix includes two 2‑bedroom units and four 1‑bedroom units
- Each apartment unit has its own electrical & gas meter
Property Analytics
Current Use
Lease Details
6
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 60632, IL
92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed-use property with two commercial spaces and six apartments, including vacant restaurant space and parking for 5–6 cars.
Where is this apartment building located?
The property is located at 3643 55th Street Chicago, IL.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Mixed‑use building at 3641‑3643 W 55th Street with 2 commercial spaces and 6 apartments; Apartment mix includes two 2‑bedroom units and four 1‑bedroom units; Each apartment unit has its own electrical & gas meter
