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63 E 43rd Street Chicago, IL $ 849,000
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$ 849,000 Get more info
63 E 43rd Street
$ 849,000
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63 E 43rd Street

Chicago, IL, 60653
$ 849,000
Bedrooms-- Baths--
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Property for Rent in Chicago, IL

for $849,000. This property was built in 1909 on a lot size of 0.370753.

PRIME 43RD STREET MIXED USE (8 STORE FRONT ONE 2 BEDROM UNIT) COMMERICIAL PROPERTY. THIS IS A HIGH TRAFFIC LOCATION. PROPERTY IS ARCHORED BY ALICE'S BAR B Q STORE AND A SPOT FOR A TAKE OUT RESTAURANT. OTHER STORES INCLUDES: BARBER SALON, BEAUTY SALON, AND EVENT SPACE. ABOVE THE SOUTHEAST CORNER IS A 1200 SQFT 2 BEDEOOM APARTMENT. SINCE 2022 CAPITAL INPROVEMENT INCLUDES NEW FURNACE, CENTRAL AIR, NEW BATHS, PLUMBING, ELECTRIC AND TUCKPOINTING! LOCATED 2 BLOCKS FROM CTA 43RD ST. GREEN LINE AND NEW RESIDENTIAL DEVELOPMENT. TWO BLOCKS SOUTH IS THE CHICAGO URBAN LEAGUE HEADQUARTERS. DON'T MISS OUT OUT ON THIS PRIME PROPERTY THAT HAS GREAT POSSIBILTIES.

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Rental Active

Price

$ 849,000

Taxes

$ 22,877

Style

Commercial

Lot Size

0.370753

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12129171
Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1909
Electric Circuit Breakers Service - 0 to 100 Amps
Tenant Pays Electricity Heat Insurance
Stories Count 9
Township Hyde Park
Property Subtype Mixed Use
Tax Year 2023
Current Use Commercial
Gross Income 109500
County Cook
Net Operating Income 61326
Operating Expense 48174
Insurance Expense 2600
Property Type Commercial Sale Mixed Use
Possible Use Commercial Conditional Use
Status Active
Directions Take Michigan Ave south to 43rd street. Commercial property begins on the Southwest corner and expands 8 store fronts going west.
City Chicago
Number Of Units Total 10
MLS Area CHI - Grand Boulevard
Lot Size Square Feet 16150
Tax Annual Amount 22877
Electric Expense 686
Fuel Expense 1749
Trash Expense 1797
Water Sewer Expense 1065
Additional Parcels Y/N N
Lease Type Modified Gross
Standard Status Active
Total Actual Rent 9125
Cap Rate 6.16
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 95 X 170
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* Excluded Features
List By
Baird & Warner

Broker

clarence.thompson@bairdwarner.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
12/2/2025$849,000 -6.70% Price Down
12/26/2024$910,000 -8.54% Price Down
8/9/2024$995,000 Listed Price

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63 E 43rd Street, Chicago, IL, 60653 is a Property for Rent at $849,000 with a lot size of 0.370753. 63 E 43rd Street was built in 1909. The property's zip code is 60653 which is in Chicago, IL

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