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$115,000
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Property Description
Unlock the potential of this well-located and adaptable mixed-use property, offering both commercial and residential income streams. Situated on vibrant West 59th Street, this 2-unit building presents a unique opportunity for investors, small business owners, or live/work buyers looking to capitalize on a high-visibility location. Property Highlights: First Floor - Commercial Storefront (Retail/Office Use): The ground level features an open-concept retail space, previously utilized as a beauty salon. The flexible layout includes large front-facing windows for natural light and visibility. Perfect for salon/barbershop, boutique, convenience store, office, or professional services. Second Floor - Residential Apartment: The upper unit is a well-maintained 2-bedroom, 1-bath apartment with a spacious living room, eat-in kitchen, and ample closet space. Great rental income potential or ideal for an owner/operator looking to live above their business. Parking & Outdoor Space: Garage parking accommodates up to 2 vehicles, with alley access. Small backyard area offers additional space for garbage, deliveries, or potential outdoor upgrades. Location & Accessibility: Located on the CTA #59 59th/61st bus route 0.2 miles to CTA #8 Halsted - easy north-south city access 0.7 miles to CTA Green Line - Halsted Station - direct train service to Downtown and South Side neighborhoods Surrounded by established businesses, schools, and residential homes - ideal for steady foot traffic and neighborhood clientele Zoning & Investment Potential: Zoned B1-1, allowing for a wide variety of small-scale retail and service uses Ideal for an owner-occupant, investor, or business expansion Potential to increase rents with cosmetic updates or full modernization Can qualify for small business grants or commercial corridor revitalization programs (buyer to verify) This is a rare chance to own a multi-use asset in a well-connected area with strong upside potential. Whether you're looking to expand your business, begin your investing journey, or generate dual income, this property checks all the boxes. Schedule your private tour today!
Full Property Details
Full Property Details for 937 W 59th St
General
- Price: $115,000
- Taxes: $2,109 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12521892
- Updated: 11/26/2025
- Added to Site: 57 day(s) ago
Location
- Area: CHI - Englewood
- County: Cook
- Driving Directions: East or West on 59th Street to property.
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiators
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Foundation: Concrete Perimeter
- Roof: Tar/Gravel
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1896
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 4,000
- Lot Dimensions: 32 x 125
- Zoning: OTHER
Financial Considerations
- Assessment Year: 1896
- Tax Amount: $2,109.9
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 20174040080000
Listed by Fulton Grace Realty
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Schools
Schools serving 937 W 59th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nicholson Technology Acad Elementary School 6006 South Peoria Street, Chicago, IL 60621 | PK-8 | 0.2 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 937 W 59th St
Date
Details
Price
Change
Source
11/20/2025
Listed
$115,000
—
MLS
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 937 W 59th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,110
3%
$10,000
—
2022
$2,057
2%
$10,000
—
2021
$2,011
25%
$10,000
38%
2020
$1,612
-2%
$7,237
-12%
2019
$1,652
2%
$8,224
—
2018
$1,624
-47%
$8,224
-42%
2017
$3,073
7%
$14,276
—
2016
$2,859
9%
$14,276
—
2015
$2,616
25%
$14,276
27%
2014
$2,088
2%
$11,256
—
2013
$2,047
1%
$11,256
—
2012
$2,020
—
$11,256
—
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 937 W 59th St
937 W 59th Street, Chicago, IL 60621 (MLS# 12521892) is a Commercial property. 937 W 59th Street is currently listed for $115,000 and was received on November 20, 2025. Want to learn more about 937 W 59th Street? Do you have questions about finding other Commercial real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

