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$585,000
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Property Description
Discover a solid income producing opportunity in the heart of Chicago's thriving West Lawn neighborhood. This well-maintained mixed-use building offers a strong combination of commercial and residential space. Ideal for both investors and owner-operators. The first floor features a spacious commercial storefront currently operating as a daycare business, providing the new owner with the option to take over and continue operations immediately. The commercial space is bright and open, with three bathrooms and a layout that can easily adapt to other business types such as retail, office, or professional services. The property's location on busy 63rd Street ensures excellent visibility, high foot traffic, and easy access to major streets and highways, including Pulaski Rd and I-55. The second level includes two well kept residential apartments, each offering 2 bedrooms and 1 bathroom. Both units feature comfortable layouts with plenty of natural light, central air, and updated finishes. Both units have a shared balcony, providing a great outdoor space for tenants. Additional highlights include two parking spaces in the rear and a gated backyard area. The property has been well maintained and offers consistent rental potential in a strong, established area. Whether you're looking to expand your portfolio, acquire a turnkey investment, or operate a business while generating rental income from the residential units, this property offers flexibility and long-term value. Surrounded by local shops, schools, and public transportation. Minutes from Midway Airport and major interstates. Schedule your appointment today!
Full Property Details
Full Property Details for 4250 W 63rd St
General
- Price: $585,000
- Taxes: $5,997 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12538207
- Updated: 1/5/2026
- Added to Site: 17 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: CHI - West Lawn
- County: Cook
- Driving Directions: Take Pulaski Rd to 63rd St and head west to property address. near the corner of 63rd St and Komensky Ave.
- Location Details: Chicago Southwest, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air
Utilities
- Trash: 900
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 4,038
- # of Stores: 1
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 3,500
- Lot Dimensions: 3500
- Potential Use: Commercial
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $5,000
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1963
- Tax Amount: $5,997
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Electric: 1800
- Pays Trash: 900
Disclosures and Reports
- Property ID: 19154250410000
Listed by Realty of America, LLC
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Schools
Schools serving 4250 W 63rd St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pasteur Elementary School, Chicago, IL 5825 South Kostner Avenue, Chicago, IL 60629 | PK-8 | 0.6 mi |
Hancock College Preparatory High School 5437 West 64th Place, Chicago, IL 60638 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4250 W 63rd St
Date
Details
Price
Change
Source
12/30/2025
Listed
$585,000
95%
MLS
6/29/2022
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4250 W 63rd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,997
3%
$25,000
—
2022
$5,848
3%
$25,000
—
2021
$5,690
-7%
$25,000
4%
2020
$6,119
-5%
$24,046
-14%
2019
$6,458
—
$27,961
—
2018
$6,441
19%
$27,961
28%
2017
$5,413
7%
$21,900
—
2016
$5,040
7%
$21,900
—
2015
$4,704
-18%
$21,900
-23%
2014
$5,708
2%
$28,616
—
2013
$5,591
5%
$28,616
—
2012
$5,329
—
$28,616
—
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 4250 W 63rd St
4250 W 63rd Street, Chicago, IL 60629 (MLS# 12538207) is a Commercial property. 4250 W 63rd Street is currently listed for $585,000 and was received on December 30, 2025. Want to learn more about 4250 W 63rd Street? Do you have questions about finding other Commercial real estate for sale in West Lawn? You can browse all West Lawn real estate or contact a Coldwell Banker agent to request more information.

