5840 W 63rd Street Chicago, IL ^$ 530,000

5840 W 63rd Street

^$ 530,000

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5840 W 63rd Street

Chicago, IL, 60638

^$ 530,000

Bedrooms-- Baths-- Sq 4,603

Monthly Estimate*

^$ 3,307

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Commercial Property for sale in Chicago, IL

for $530,000. This 4,603 square foot building was built in 1970 on a lot size of 0.213062.

Prime investment opportunity in Chicago's Clearing neighborhood! This well-maintained commercial storefront at 5840 W 63rd St features four rentable units, all currently leased. A newly signed tenant just secured the 496 SF space at $1,500/month as a tattoo shop-demonstrating strong market demand and proving rental upside for the larger suites. The remaining three units range from 1,000-1,550 SF, offering ample room for future rental growth. With a diverse tenant mix, visible frontage along 63rd Street, and steady neighborhood traffic, this property delivers both stability and upside potential.

Commercial Active

Price

^$ 530,000

Property Type

Commercial

Taxes

^$ 30,487

Style

Retail

Lot Size

0.213062

Year Built

1970

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12477537

Features

General

Cooling Central Individual

Year Built 1970

Electric Circuit Breakers

Stories Count 1

Tax Year 2023

Gross Income 58800

Business Type Retail

County Cook

Net Operating Income 22848

Property Type Commercial Sale Retail/Stores

Status Active

Directions From I-55 (Stevenson Expressway) exit at Central Ave and head south. Continue south to 63rd St then turn west. Property is located at the corner of 63rd St and Major Ave.

City Chicago

Number Of Units Total 4

MLS Area CHI - Clearing

Lot Size Square Feet 9281

Tax Annual Amount 30487

Additional Parcels Y/N Y

Leasable Area 4603

Standard Status Active

Exterior

Building Area Total 4603

Lot Dimensions 9281 sq ft

* Excluded Features

List By

Listing Leaders Northwest, Inc

Broker

anthony.munoz1@outlook.com;amunoz@ajcommercialgroup.com

Affordability Calculator

$5,847

Per Month

Monthly Principal & Interest: $3,307
Monthly Property Taxes: $2,541
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$987,651

Percent of Sale Price 86%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/22/2025	$530,000		Listed Price

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5840 W 63rd Street, Chicago, IL, 60638 is a Commercial Property for sale at $530,000 with 4,603 sqft and a lot size of 0.213062. 5840 W 63rd Street was built in 1970. The property's zip code is 60638 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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5840 W 63rd Street

Commercial Property for sale in Chicago, IL

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