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27604557
27604558

344 E 63rd St, Chicago, IL 60637

SVN | Chicago Commercial
Listed by SVN | Chicago Commercial
$1,500,000
260 days on market
Updated 2 days ago
Opportunity zone

+/-16,290 SF Former Retail Supermarket

Details
APN 20-15-317-030; -047-0000
Property Type Retail
Sub Type Grocery Store, Freestanding (+1)
Square Footage 16,290
Units 1
Cap Rate 15.20%
NOI $228,060
Tenancy Vacant
Lease Expiration 02/28/2027
Broker Co-Op Yes
Year Built 1966
Year Renovated 2011
Buildings 1
Stories 1
Acreage 0.760
Zoning commercial
Parking Spaces 35 spaces
Parking Per SqFt 2.15
Investment Type Owner/User

Freestanding Supermarket with OZ, EZRC & SBA HubZone Incentives | 16,290 SF

Marketing description

SVN Chicago Commercial is pleased to present 344 E. 63rd Street, a former Save-a-Lot Supermarket retail property in Chicago, Illinois. The 16,290 SF big-box retail space is no longer occupied, but has NNN lease income through February 2027. The property sits steps from the Green Line "el" station and is less than 1.5 miles from the I-94/I-90 interchange. Additionally, the building is across the street from Dulles Elementary School and the Norfolk Southern Intermodal Yard, and it is in proximity to major attractions like the University of Chicago campus, just 1.5 miles away.

Discover the vibrant neighborhood surrounding the property at 344 East 63rd Street in Chicago, IL, located in Hyde Park Township near Washington Park.

Investment highlights

  • ±16,290 SF Free-Standing Retail on 0.76 AC

  • Dark former Save-a-Lot | NNN term through Feb 2027

  • 12'x14' Exterior Drive-In Door

  • EZRC & SBA HubZone Incentives

  • Frontage on E. 63rd Street & S. Calumet Ave

  • 35 Surface Parking Spaces

Listing Contacts

SVN | Chicago Commercial
Listed by SVN | Chicago Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$228,060.00
$19,005.00/mo

Valuation Metrics

0
DSCR
15.2%
Cap Rate
15.2%
ROI

Map

Zoning

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RM-5 ResidentialMulti FamilyResidential Multi Unit District
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Karen Kulczycki-CCIM, SIOR
License
IL #471-020279
Brokerage Phone
630-330-3352
Brokerage Address
940 West Adams Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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