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423 E 63rd Street
Chicago, IL 60637

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Property Details


List Price: $750,000
Beds: --
Baths: --
Status: Active
SqFt: 5000
Agency: Keller Williams Chicago ONEChicago

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Description/Comments


Lot Size: --
Property Type: Commercial
Year Built: 1969
Notes: Proud to present 423 E. 63rd St., Chicago, IL 60637. Located in the West Woodlawn Neighborhood: Situated in one of Chicago's emerging neighborhoods, the property is strategically located in West Woodlawn. This area has been experiencing a revitalization, making it an attractive location for both residents and businesses. Property Features: Spacious Retail Space: With 5,000 square feet of retail space, the property offers ample room for various business concepts and layouts. Established History: The property has a historical connection as the former location of Rothschild Liquors, adding a sense of tradition and recognition to the site. Proximity to Amenities: Conveniently located near essential amenities, public transportation, and community services, making it easily accessible for both customers and employees. Value-Add Opportunity: The property presents a significant value-add opportunity for investors looking to reposition and rebrand the retail space. With the changing dynamics of the neighborhood, there is potential for increased foot traffic and customer engagement. Adaptive Reuse Potential: Given the versatile nature of the space, there is potential for adaptive reuse, accommodating various retail concepts, restaurants, or service-oriented businesses that align with the evolving needs of the community. Community Growth: West Woodlawn is experiencing positive growth, attracting new residents and businesses. Investing in this property aligns with the trend of urban renewal and the potential for increased property values over time. Strategic Location: The property's location on 63rd St positions it as a focal point for local commerce, providing an opportunity for businesses to become a central part of the community and capitalize on the neighborhood's growth. Diverse Consumer Base: The West Woodlawn neighborhood is known for its diverse demographics, offering a broad customer base for businesses looking to cater to a varied audience.
MlsNumber: 11937210


Listing Provided By: Keller Williams Chicago ONEChicago, original listing
Name: Keller Williams Chicago ONEChicago
Phone: (312) 216-2422
Office Name: Keller Williams ONEChicago
Office Phone: (312) 216-2422
Agent Name: Anthony Hardy
Disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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