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$450,000
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Property Description
Solid brick two-flat building with excellent income potential, including a possible third unit in the basement. The first-floor unit has been recently rehabbed and features an in-unit washer and dryer. Current tenants are on a month-to-month lease. The second-floor unit offers three bedrooms and has been occupied by long-term tenants for over 15 years. They are currently on a month-to-month lease and in the process of moving out. This unit will require updates, presenting a great value-add opportunity. Being sold as-is. The basement was previously rented as a one-bedroom unit generating $1,200/month and includes a front-loading washer and dryer. Basement flooring is all ceramic tiles. Please note, the basement has experienced flooding and backup during periods of heavy rain, an issue that has impacted the surrounding block. Ideal for investors or owner-occupants looking to add value and maximize rental income.
Full Property Details
Full Property Details for 5537 W 63rd Pl
General
- Sold For: $450,000
- Taxes: $6,861 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12618780
- Added to Site: 111 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Clearing
- County: Cook
- Driving Directions: Central ave to 63rd pl to property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full, Walk-Out Access
- Year Built: 1911
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: .025 ACRE
Financial Considerations
- Assessment Year: 1911
- Tax Amount: $6,861.21
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19211060120000
Listed by Property Services Network
Sold by Realty of America, LLC
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Schools
Schools serving 5537 W 63rd Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Grimes Elementary School 5450 West 64th Place, Chicago, IL 60638 | PK-8 | 0.1 mi |
Kennedy High School 6325 West 56th Street, Chicago, IL 60638 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5537 W 63rd Pl
Date
Details
Price
Change
Source
7/13/2026
Sold
$450,000
0.02%
MLS
4/14/2026
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5537 W 63rd Place, Chicago, IL 60638 (MLS# 12618780) is a Multi-Family property that was sold at $450,000 on July 13, 2026. Want to learn more about 5537 W 63rd Place? Do you have questions about finding other Multi-Family real estate for sale in Clearing? You can browse all Clearing real estate or contact a Coldwell Banker agent to request more information.

