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6231 - 6235 W 63rd Street, Chicago, IL
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6231 - 6235 W 63rd Street
Chicago, IL 60638-5009 - South Chicago Submarket
For Sale Price:
9 Surface spaces are available; Ratio of .72/1,000 SF
July 2000: Building sold to an undisclosed buyer for an undisclosed amount. William C. Groebe Realtors represented the seller.
Beautifully rehabbed commercial spot, on a busy main street, with two current tenants using up all the space on a shared open floorplan. Owner is asking for 400K, with ROI approximately $38K net, making this just under a 10-cap for investors. Both tenants are willing to stay on and sign longer leases for new owner (currently one tenant is the building owner, while second tenant is Platinum Healthcare Services LLC, on a month to month lease). Both are looking to stay and sign longer term leases with new owners, but can end their leases should they be required to vacate the building upon sale.
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Main Street Real Estate Group
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