937 W 59th Street
Chicago, IL, 60621 $ 115,000
Bedrooms-- Baths-- for $115,000. This property was built in 1896 on a lot size of 0.091827.
Unlock the potential of this well-located and adaptable mixed-use property, offering both commercial and residential income streams. Situated on vibrant West 59th Street, this 2-unit building presents a unique opportunity for investors, small business owners, or live/work buyers looking to capitalize on a high-visibility location. Property Highlights: First Floor - Commercial Storefront (Retail/Office Use): The ground level features an open-concept retail space, previously utilized as a beauty salon. The flexible layout includes large front-facing windows for natural light and visibility. Perfect for salon/barbershop, boutique, convenience store, office, or professional services. Second Floor - Residential Apartment: The upper unit is a well-maintained 2-bedroom, 1-bath apartment with a spacious living room, eat-in kitchen, and ample closet space. Great rental income potential or ideal for an owner/operator looking to live above their business. Parking & Outdoor Space: Garage parking accommodates up to 2 vehicles, with alley access. Small backyard area offers additional space for garbage, deliveries, or potential outdoor upgrades. Location & Accessibility: Located on the CTA #59 59th/61st bus route 0.2 miles to CTA #8 Halsted - easy north-south city access 0.7 miles to CTA Green Line - Halsted Station - direct train service to Downtown and South Side neighborhoods Surrounded by established businesses, schools, and residential homes - ideal for steady foot traffic and neighborhood clientele Zoning & Investment Potential: Zoned B1-1, allowing for a wide variety of small-scale retail and service uses Ideal for an owner-occupant, investor, or business expansion Potential to increase rents with cosmetic updates or full modernization Can qualify for small business grants or commercial corridor revitalization programs (buyer to verify) This is a rare chance to own a multi-use asset in a well-connected area with strong upside potential. Whether you're looking to expand your business, begin your investing journey, or generate dual income, this property checks all the boxes. Schedule your private tour today!
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FeaturesGeneralCooling None
Possession Closing Immediate
Roof Tar/Gravel
Zoning OTHER
Construction Materials Brick Concrete
Year Built 1896
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories Count 2
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions East or West on 59th Street to property.
City Chicago
Number Of Units Total 2
MLS Area CHI - Englewood
Lot Size Square Feet 4000
Tax Annual Amount 2109.9
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
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ExteriorFoundation Details Concrete Perimeter
Lot Dimensions 32 X 125
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* Excluded FeaturesList ByFulton Grace RealtyBroker
rich@gramercysold.comEmail
NearbyAbout Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/21/2025 | $115,000 | | Listed Price |