63 East 43rd Street

Chicago, IL 60653

$995,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime 43rd street mixed use (9 store front one 2 bedrom unit) commericial property. This is a high traffic location. Property is archored by alice's bar b q store and x-wings. Other stores includes: barber salon, beauty salon, sweet shop and event space. Above the southeast corner wing store is a 1200 sqft 2 bedeoom apartment. Since 2022 capital inprovement includes new furnace, central air, new baths, plumbing, electric and tuckpointing! Located 2 blocks from cta 43rd st. Green line and new residential...Prime 43rd street mixed use (9 store front one 2 bedrom unit) commericial property. This is a high traffic location. Property is archored by alice's bar b q store and x-wings. Other stores includes: barber salon, beauty salon, sweet shop and event space. Above the southeast corner wing store is a 1200 sqft 2 bedeoom apartment. Since 2022 capital inprovement includes new furnace, central air, new baths, plumbing, electric and tuckpointing! Located 2 blocks from cta 43rd st. Green line and new residential development. Two blocks south is the chicago urban league headquarters. Don't miss out out on this prime property that has great possibilties.
  1. Listed by Clarence Thompson • Baird & Warner
  2. Listed by Brandy Bell • Baird & Warner

Property Details for 63 East 43rd Street

Area
CHI - Grand Boulevard
Township
Hyde Park
Zoning
COMMR
LISTING UPDATED: 09/11/2024 02:16 PM

Property Details for 63 East 43rd Street

StatusActive
MLS #12129171
Days on Market216
Taxes$22,877 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1909
Lot Size0.37 AC / 16,150 SF
CountyCook County

Building Information for 63 East 43rd Street

Stories9Residences10Year Built1909Lot Size0.37 AC / 16,150 SF

Property Information for 63 East 43rd Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces,Parking-Street
Location and General Information
  • Geographic Locale: Chicago South
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat, Insurance
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 95 X 170
  • Lot Size Square Feet: 16150.0
  • Stories: 9
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm Monitored,Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Offices: 0
  • Other SqFt: 1200
  • Retail SqFt: 6300
  • # Of Ranges: 1
  • # Of Stores: 9
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Conditional Use
  • Buyer Financing: Conventional, Cash
  • Documents Available: Rent Roll
  • Public Document Count: 2
  • Document Date: 2024-09-11T19:14:42
  • Photos Count: 22
Miscellaneous
  • Current Use: Commercial
  • Location: Corner,Mixed Use Area,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $686.00
  • Fuel Expense: $1,749.00
  • Gross Income: $109,500.00
  • Gross Scheduled Income: $109,500.00
  • Insurance Expense: $2,600.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 9125
  • Water Expense Source: Owner Projection
  • Net Operating Income: $61,326.00
  • Operating Expense: $48,174.00
  • Other Expense: $19,197.00
  • Trash Expense: $1,797.00
  • Water Sewer Expense: $1,065.00

Property History for 63 East 43rd 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 63 East 43rd Street

Taxable ValueLand$20,989Additions$87,081Total$108,070
Tax Record2022$22,298 ($1,858 / month)
Home Facts
Total Finished SqFt8,100 SqFtAbove Grade Finished SqFt8,100 SqFtStories1Lot Size16,100 SqFtStyleStoresYear Built1908CountyCOOKAPN20-03-301-013

Schools near 63 East 43rd Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 11 to 12
Public - K to 6
Rating
School
Distance
Beethoven Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Community Services West High School
Public11 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.

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63 East 43rd Street is a mixed use property for sale in Chicago, IL 60653. This property was listed for sale on August 9, 2024 by Baird & Warner, it's currently listed at $995,000. It has been on the market for a total of 216 days and was last sold on September 14, 2005. This listing's school district is Chicago Public Schools. Nearby schools include Beethoven Elementary School, Phillips Academy High School and Community Services West High School. 63 East 43rd Street is a 0-bed, 0-bath, mixed use property built in 1909.

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 Baird & Warner

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 09/11/2024 02:16 PM. 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.