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photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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Chicago, IL 60651
937 59th Street
Chicago, IL 60621
Cook, US
$115,000.00 listing calculator
Status: Active (For Sale)
Type: Commercial
Year Built: 1896
MLS ID: 12521892


Overview
Photos (24)
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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!

Courtesy Of: Fulton Grace Realty


Feature Highlights


  • Built Before 1978

General Features


List Date:
11/20/2025

Exterior Features and Amenities


Lot Size Dimensions:
32 X 125

Financial


Days On Market:
7
Tax Annual Amount:
$2,109.90
Tax Year:
2023


Directions


East or West on 59th Street to property.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-19
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The information presented here is deemed reliable, though not guaranteed.
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Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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