3933 West 63rd Street

Chicago, IL 60629

$1,350,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing mixed use development/investment opportunity on 50 x 126 lot with B1-1 zoning in a prime location. 8-unit building consisting of 3 storefronts, one 3bedroom/1bath apartment, one Studio/1 bath apartment and three 2bedroom/1bath apartments. In addition, there is a 3 car brick garage. All units are currently occupied with MTM tenants except for 1 apartment. Income numbers are based on the most recent rents or market value if owner occupied. All units have separate forced air heat. Roof is in...Amazing mixed use development/investment opportunity on 50 x 126 lot with B1-1 zoning in a prime location. 8-unit building consisting of 3 storefronts, one 3bedroom/1bath apartment, one Studio/1 bath apartment and three 2bedroom/1bath apartments. In addition, there is a 3 car brick garage. All units are currently occupied with MTM tenants except for 1 apartment. Income numbers are based on the most recent rents or market value if owner occupied. All units have separate forced air heat. Roof is in good condition and there no building violations with the city. Sold As Is where is.
  1. Listed by Dalila Arellano • A List Homes Realty

Property Details for 3933 West 63rd Street

Area
CHI - West Lawn
LISTING UPDATED: 10/29/2024 12:06 AM

Property Details for 3933 West 63rd Street

StatusActive
MLS #12113752
Days on Market120
Taxes$11,431 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1927
Lot Size0.14 AC / 6,300 SF
CountyCook County

Virtual Tour

Building Information for 3933 West 63rd Street

Stories3Residences8Year Built1927Lot Size0.14 AC / 6,300 SF

Property Information for 3933 West 63rd Street

General Information
Location and General Information
  • Geographic Locale: Chicago Southwest
  • Information: 48-Hr Notice Required,Standard
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 5
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 50 X 126
  • Lot Size Square Feet: 6300.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Building Area Total: 7037
  • # Of Offices: 0
  • # Of Stores: 3
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 18
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $900.00
  • Fuel Expense: $1,800.00
  • Gross Income: $141,000.00
  • Gross Scheduled Income: $114,976.00
  • Insurance Expense: $4,700.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 11750
  • Water Expense Source: Owner Projection
  • Net Operating Income: $114,976.00
  • Operating Expense: $26,024.00
  • Other Expense: $.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $4,500.00

Property History for 3933 West 63rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3933 West 63rd Street

Taxable ValueLand$5,625Additions$43,245Total$48,870
Tax Record2021$11,123 ($927 / month)
Home Facts
Total Finished SqFt3,400 SqFtAbove Grade Finished SqFt3,400 SqFtStories3Lot Size6,250 SqFtStyleStoresYear Built1927CountyCOOKAPN19-23-100-008

Schools near 3933 West 63rd Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 6
Charter - K to 12
Rating
School
Distance
Eberhart Elementary School
PublicK to 8

Hubbard High School
Public9 to 12

Sor Juana Ines de la Cruz
PublicPK to 6

Catalyst Maria Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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3933 West 63rd Street is a mixed use property for sale in Chicago, IL 60629. This property was listed for sale on July 17, 2024 by A List Homes Realty, it's currently listed at $1,350,000. This listing's school district is Chicago Public Schools. Nearby schools include Eberhart Elementary School, Hubbard High School and Sor Juana Ines de la Cruz. 3933 West 63rd Street is a 0-bed, 0-bath, mixed use property built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of A List Homes Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/29/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.