6551 W 63rd St

Chicago, IL 60638

$420,000
Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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a view of a cars park in front of house
a view of car garage
a view of an empty room with wooden floor and a window
a bedroom with a bed and window
a living room with furniture and a couch
a kitchen with a sink a stove and cabinets
a view of an empty room with a window
a bathroom with a sink toilet and shower
a bedroom with furniture and a car parked

Description

Prime Mixed-Use investment opportunity in the Clearing neighborhood of Chicago! This versatile mixed-use property offers immediate income potential and long-term upside. The front commercial space includes a private bathroom and is currently leased to a hair salon on a flexible month-to-month basis, providing instant cash flow with flexibility for future use. The rear residential unit features 3 bedrooms, 1 bathroom, and a full basement, currently vacant and ready for occupancy or rental income....Prime Mixed-Use investment opportunity in the Clearing neighborhood of Chicago! This versatile mixed-use property offers immediate income potential and long-term upside. The front commercial space includes a private bathroom and is currently leased to a hair salon on a flexible month-to-month basis, providing instant cash flow with flexibility for future use. The rear residential unit features 3 bedrooms, 1 bathroom, and a full basement, currently vacant and ready for occupancy or rental income. A detached 2-car garage adds additional value and convenience. Previously utilized as a car dealership, the property sits on an expansive lot ideal for automotive use, including parking, vehicle sales, or other commercial applications. Zoned C2-2, this property allows for a wide range of business and mixed-use possibilities. Located in a high-visibility, up-and-coming area with strong accessibility, this is a perfect opportunity for investors, owner-users, or developers seeking a flexible, income-producing asset with significant growth potential. Survey available for your convenience.
  1. Listed by Nazire Tahiri • REMAX Legends
    P: (630)-216-8000 C: (708)-359-8760 naziretahiri@gmail.com;naziretahiri@gmail.com

Property Details for 6551 West 63rd Street

Area
CHI - Clearing
Township
Stickney
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 04/26/2026 09:26 PM

Property Details for 6551 West 63rd Street

StatusActive
MLS #12611378
Days on Market33
Taxes$4,220 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale
Year Built1962
Lot Size0.07 AC / 2,850 SF
CountyCook County
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Location

Listing Courtesy of REMAX Legends
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Building Information for 6551 West 63rd Street

Stories1Residences2Year Built1962Lot Size0.07 AC / 2,850 SF

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$2,467 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,115

Property Taxes

$352

HOA Dues

$0

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Property Information for 6551 West 63rd Street

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Owner
  • Owner Pays: Trash Collection, Water
Location and General Information
  • Geographic Locale: Downtown Chicago,Chicago West
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • Heat/Ventilation: Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: All Utilities
  • Built Before 1978: Yes
  • Approximate Age: 26-35 Years
  • Lot Dimensions: 114X75
  • Lot Size Square Feet: 2850.0
  • Stories: 1
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm On Site,Fire Extinguisher/s
  • Roof Structure: Flat
  • Building Area Total: 1800
  • # Of Offices: 1
  • # Of Stores: 1
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 9
Miscellaneous
  • Current Use: Automotive
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $200.00
  • Fuel Expense: $.00
  • Gross Income: $5,000.00
  • Gross Scheduled Income: $69,000.00
  • Insurance Expense: $.00
  • Total Annual Expense Source: Owner Projection
  • Total Monthly Income: 5750
  • Net Operating Income: $60,000.00
  • Operating Expense: $8,420.00
  • Trash Expense: $50.00
  • Water Sewer Expense: $100.00

Property History for 6551 West 63rd Street

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

MRED #12611378

$420,000—
DateEvent & SourcePrice
04/06/2026

Listed (Active)

MRED #12611378

$420,000

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

Public Records for 6551 West 63rd Street

Taxable ValueLand$3,562Additions$16,437Total$19,999
Tax Record2023$4,220 ($352 / month)
Home Facts
Baths3.5Total Finished SqFt1,586 SqFtAbove Grade Finished SqFt1,586 SqFtStories1Lot Size2,850 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyCOOKAPN19-19-202-074

Schools near 6551 West 63rd Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Dore Elementary School
Public - PK to 8
Kennedy High School
Public - 9 to 12
Blair Early Childhood Center
Public - PK to 1
Hancock College Preparatory High School
Public - 9 to 12
Rating
School
Distance
Dore Elementary School
PublicPK to 8

Kennedy High School
Public9 to 12

Blair Early Childhood Center
PublicPK to 1

Hancock College Preparatory High School
Public9 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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More information about 6551 West 63rd Street, Chicago, IL 60638

6551 West 63rd Street is a mixed use property for sale in Chicago, IL 60638. This property was listed for sale on April 6, 2026 by REMAX Legends, it's currently listed at $420,000. This listing's school district is Chicago Public Schools. Nearby schools include Dore Elementary School, Kennedy High School and Blair Early Childhood Center. 6551 West 63rd Street is a 0-bed, 0-bath, mixed use property built in 1962.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 REMAX Legends

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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/26/2026 09:26 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.