Property profile

2356 63rd St Chicago, IL 60636

OFF-MARKET
Retail space
Property ID
US28-2426414
1,400 SF 0.15 ac lot Built 1958
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional mixed-use property, located at 2356 W 63rd St in Chicago, IL, presents a compelling investment opportunity. The 8,250 square foot building, constructed in 1956 and renovated in 1990, sits on a 6,373 square foot lot and is zoned B3-2. The two-story structure boasts seven units: five commercial spaces on the ground floor and two residential units upstairs. Currently, the commercial space is 50% occupied, with tenants including State Farm Insurance, a salon school, and a hair salon. A full basement provides ample storage. The building benefits from high visibility due to its corner location at the intersection of W 63rd and S Western, experiencing heavy vehicle traffic (42,200 vehicles per day). Large exterior signage opportunities further enhance its commercial appeal. This owner-user opportunity allows for significant value-add potential within the vibrant Gage Park community. The property's prime location and flexible zoning make it ideal for a variety of retail and residential uses. The asking price is $399,000. The Cook County APN is 20-18-310-036-0000. This is a multi-tenant property with significant upside potential for the savvy investor.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1958
Total area 1,400 SF
Lot 0.15 ac (6,375 SF)
APN 20-18-310-036
UPID US28-2426414

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vocational School Training Center

Location

2356 63rd St Chicago, IL 60636-2052
Chicago metro Census 835000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2025
Last sale
$400,000
3 recorded transactions
2025
$400,000
2025
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2356 63rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message