3933 63rd St, Unit 2 Chicago, IL 60629-4664
Property profile & analytics
3933 63rd St, Unit 2 Chicago, IL 60629-4664
- Retail residential properties
- 3,400 SF
- 0.14 lot acres
Property ID
US28-2490754
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chicago Audio / Electronics & Wireless Store
- Roofing caguana / Roofing Company / General Contractor
- Fitlife Nutrición / Specialty Food Shop
Property Details for 3933 63rd St
- Year built
- 1927
- Lot size
- 0.14 lot acres
- Property size
- 3,400 SF
- Property type
- Retail residential properties
- APN
- 19-23-100-008
- APU
- 1923100008
Description
This exceptional mixed-use investment property in Chicago's vibrant Cook County presents a compelling opportunity. Located at 3933 W 63rd St, 60629, this fee-simple owned building boasts 7,037 square feet on a 6,300 square foot lot, zoned B1-1. The three-story, 1927-built structure comprises eight units: three storefronts, one three-bedroom/one-bath apartment, one studio/one-bath apartment, and three two-bedroom/one-bath apartments. Currently operating at 100% occupancy with mostly month-to-month tenants, the property generates a strong net operating income (NOI) of $114,976, yielding an 8.52% cap rate. A pro-forma NOI of $141,000 projects a 10.44% cap rate. Additional features include a three-car brick garage, one exterior parking space, and a sizable backyard. The asking price is $1,350,000 ($191.84/sq ft), representing a land value of $14.20/sq ft. The property is sold "as is, where is," with the roof in good condition and no city building violations. This stabilized investment offers significant upside potential with its strong cash flow and prime location. All units have separate forced-air heat. The property is currently 100% occupied, with an occupancy date of August 29, 2024.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $955,000
- 6.5%
- $885,000
- 7%
- $820,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $497,000
Market price range: $222k - $870k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7216
- Latitude
- 41.7784
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,432
$5,625
$43,245
$48,870
-
$56,250
$432,450
$488,700
