Property summary
This exceptional 0.36-acre commercial land parcel, located at 1537-1547 W 63rd St in Chicago, Illinois (zip code 60636), presents a unique investment opportunity. The property is zoned B3-2, offering considerable development potential. Situated just off the corner of 63rd and Ashland Avenue, this site benefits from exceptional visibility and high traffic counts. Its proximity to the Green Line CTA provides convenient public transportation access. The asking price is $199,000, translating to a land value of $12.69 per square foot. The 15,625 square foot lot is available for sale or ground lease. The location boasts a strong tenant base, with nearby businesses including McDonald's, Checkers, Long John Silver's, and KFC, indicating a thriving commercial environment. This densely populated area ensures a consistent flow of potential customers for any development on this site. The property's strategic location and zoning make it ideal for a variety of commercial ventures. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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