1813 W 63Rd St Chicago, IL 60636

This exceptional mixed-use property in Chicago's growing Englewood neighborhood presents a unique investment opportunity. The building features two well-appointed 3-bedroom, 1-bathroom residential units, each providing comfortable living spaces and generating a combined gross annual rental income of $67,800. Two commercial storefronts are situated on a high-traffic street, offering excellent visibility and ideal spaces for entrepreneurs or small businesses. One storefront is currently leased to a liquor store with a 17-year history, providing a stable income stream. The property is fully rented, boasting a gross rent multiplier of 6.9. Annual expenses include real estate taxes ($2,109.42), fuel ($350), electricity ($250), water ($200), scavenger ($200), and insurance ($3,000). The property has two PIN numbers: 20192030040000 and 20192030050000. This investment offers multiple income streams and strong potential for future growth in a vibrant urban location. The asking price is $469,900. Total monthly income is $5,650. The property is located at 1813 W 63rd St, Chicago, IL 60636.