Financial
Distress signals
Property profile

3249 W 63Rd St Chicago, IL 60629

FOR SALE
Retail residential properties
Property ID
US28-1943232
8,400 SF 0.34 ac lot Built 1922
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
3249 W 63Rd St, Chicago, IL 60629 For Sale
$799,900 8,400 SF
3249 W 63Rd St, Chicago, IL 60629
View Listing

Property summary

AI-generated overview

Constructed in 1922, this mixed-use building contains 9 residential apartments and 6 ground-floor commercial storefront spaces. The property is zoned COMMR and includes the addresses 3249–3259 W 63rd St and 6309–6311 S Spaulding Ave. It is located directly on W 63rd St in Chicago’s South Side Marquette Park neighborhood, with nearby access to schools, parks, shopping, and public transportation. Utility responsibility is allocated so that residential tenants are responsible for gas and electric, while the commercial tenants are responsible for gas, water, and electric.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$32k
Tax billed · 2022
Assessed value$137k
Assessed land$13k
Assessed improvement$124k
Effective rate23.39%

Value estimate

· Sep 2026
$2.10M
$1.89M – $2.31M
CAP approach$2.18M
Sales comparison$1.40M
NOI build-up
Gross scheduled income$552k
Vacancy & credit loss−$47k
Operating expenses−$152k
NOI · 44.19% cap applied$354k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$450/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$175 – $808
Qualifying comparables8

Cap rate analysis

How does the asset earn?
44.19%
$354k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm37.8
Realty agency20.0
Skin Care Clinic15.0

Location

3249 W 63Rd St Chicago, IL 60629
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2901 59th, Chicago, IL 60629-2224 $350,000 May 2025 10,308 SF
2444 63rd, Chicago, IL 60629-1240 $380,000 Jun 2023 13,650 SF
2435 63rd, Chicago, IL 60629-1255 $1,040,000 Dec 2022 6,400 SF
3300 63rd, Chicago, IL 60629-3317 $1,079,000 Jan 2022 6,700 SF
2832 63rd, Chicago, IL 60629-2313 $2,100,000 Jul 2021 6,000 SF
2504 63rd, Chicago, IL 60629-1618 $290,000 Jul 2020 5,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
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