Property History
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.
Tenants pay electric, gas, garbage.
Owner Pays: Taxes, Insurance, Water
Tenants pay electric, gas, garbage.
Owner Pays: Taxes, Insurance, Water
Gross Income: $58,800/Year
Proforma Gross Income: $87,600/Year
Yearly Estimated Expenses: $35,952 /Year
NOI: $22,848
Proforma NOI: $51,648
Loan History
Financial History
Tax History
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