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$425,000
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Property Description
Incredible opportunity to own a fully renovated mixed-use building along Gage Park's high-traffic 59th Street corridor, benefiting from over 13,000 vehicles daily, just steps from Western Avenue with 29,000+ vehicles per day. Gut rehabbed in 2025, including new roof, electrical, plumbing, storefront, flooring, kitchen, baths, and more. The first floor features approximately 1,100 sq ft of commercial space with 10 foot ceilings, an open and versatile layout, private restroom, and access to a full basement - ideal for storage or additional operational use. The second floor offers a spacious 2-bedroom residential unit with a large living area and an expansive kitchen/dining combo. Generously sized rooms and ample closet space offer comfortable living or strong rental potential. Additional highlights include 200 amp electrical service, a secured 8 car parking pad, and a flexible layout suitable for a variety of business uses. Perfect for an owner-occupant looking to live above their business or an investor seeking a turnkey property in a prime location.
Full Property Details
Full Property Details for 2552 W 59th St
General
- Price: $425,000
- Taxes: $4,190 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12679636
Interior
- Interior Features: Basement
- Flooring: Wood
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: CHI - Gage Park
- County: Cook
- Driving Directions: I-90/94 to Garfield Blvd, west to Western Ave, south to 59th St, west to property.
- Location Details: Chicago South, Chicago Southwest, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Wood
- Stories/Levels: 2
- Square Feet: 2,450
- # of Stores: 1
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
- Potential Use: Commercial, Retail
Financial Considerations
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1926
- Tax Amount: $4,190.86
- Tax Year: 2024
Disclosures and Reports
- Property ID: 19132240310000
Listed by Realty of America, LLC
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Schools
Schools serving 2552 W 59th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Morrill Elementary Math & Sci School 6011 South Rockwell Street, Chicago, IL 60629 | K-8 | 0.2 mi |
Gage Park High School 5630 South Rockwell Street, Chicago, IL 60629 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 2552 W 59th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,882
—
$20,001
54%
2023
$2,882
1%
$13,000
—
2022
$2,842
4%
$13,000
—
2021
$2,736
-4%
$13,000
7%
2020
$2,850
-6%
$12,098
-14%
2019
$3,042
1%
$14,068
—
2018
$3,000
-17%
$14,068
-10%
2017
$3,627
6%
$15,659
—
2016
$3,421
8%
$15,659
—
2015
$3,158
1%
$15,659
3%
2014
$3,122
2%
$15,190
—
2013
$3,066
1%
$15,190
—
2012
$3,045
—
$15,190
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2552 W 59th St
2552 W 59th Street, Chicago, IL 60629 (MLS# 12679636) is a Commercial property. 2552 W 59th Street is currently listed for $425,000 and was received on June 16, 2026. Want to learn more about 2552 W 59th Street? Do you have questions about finding other Commercial real estate for sale in Gage Park? You can browse all Gage Park real estate or contact a Coldwell Banker agent to request more information.

