Mixed-Use Retail and
For Sale
Under Contract
$395,000
6551 W 63rd Street, Chicago, IL 60638
COMMERCIAL - Chicago, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market130
Property Features for 6551 W 63rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
west of central on 63rd St
Subdivision
CHI - Clearing
Standard status
Active Under Contract
APN
19192020740000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4220
Utilities
Cooling system
Central Air
Building Details
Year built
1962
Floors in Building
1
Number of units
2
Building materials
Brick
Listing Agency:
REMAX Legends · RE/MAX International
(630) 216-8000
Listed By:
Nazire Tahiri · License #475203950
(708) 655-5000
Added: Apr 6
Changed: Aug 12
Last Checked: Aug 13 at 9:06AM
MLS# 12611378
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines a front commercial space and a rear residential unit. The front suite includes a private bathroom and is currently leased to a hair salon on a flexible month-to-month basis. The rear unit offers three bedrooms, one bathroom, and a full basement, and it is currently vacant and ready for occupancy or rental.
The property includes a detached 2-car garage and sits on an expansive lot. The seller notes the site was previously utilized as a car dealership, and the lot is described as suitable for automotive-related uses such as parking, vehicle sales, or other commercial applications. A survey is available.
Zoning is listed as COMMR, and the remarks further reference zoning as C2-2, which may support a range of business and mixed-use possibilities. This configuration can fit an owner-user looking to combine retail tenancy with an added residential unit, or an investor seeking a property that pairs an occupied front space with a vacant rear unit that can be re-tenanted.
The property includes a detached 2-car garage and sits on an expansive lot. The seller notes the site was previously utilized as a car dealership, and the lot is described as suitable for automotive-related uses such as parking, vehicle sales, or other commercial applications. A survey is available.
Zoning is listed as COMMR, and the remarks further reference zoning as C2-2, which may support a range of business and mixed-use possibilities. This configuration can fit an owner-user looking to combine retail tenancy with an added residential unit, or an investor seeking a property that pairs an occupied front space with a vacant rear unit that can be re-tenanted.
Key Highlights
- Immediate income potential from leased commercial space (hair salon) with month‑to‑month flexibility.
- Vacant 3‑bedroom residential unit ready for occupancy or rental income.
- Expansive lot previously used as a car dealership, ideal for automotive or commercial use.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
7-Eleven
Shops & Services
6,023 visits/mo
0.3 miles
BMO Harris Bank
Shops & Services
4,134 visits/mo
0.3 miles
SUBWAY
Dining
3,240 visits/mo
0.1 miles
Demographics for 60638, IL
56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Front retail space with private bath is leased to a hair salon; a vacant rear 3-bedroom residence with basement awaits occupancy.
Where is this mixed-use property located?
The property is located at 6551 W 63rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Immediate income potential from leased commercial space (hair salon) with month‑to‑month flexibility.; Vacant 3‑bedroom residential unit ready for occupancy or rental income.; Expansive lot previously used as a car dealership, ideal for automotive or commercial use.
