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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
Fax:
773 664 0013

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Status: Active (For Sale)
Type: Commercial
Subtype: Office
Year Built: 1982
MLS ID: 12599015


Overview
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Prime owner-user or value-add opportunity in the heart of Chicago's Clearing neighborhood. This fully vacant, two-story office building offers approximately 9,744 SF on a 32,400 SF site with an exceptional on-site parking ratio (56 spaces) along the high-traffic 63rd Street corridor. Originally constructed in 1982, the property features efficient floor plates (~4,800 SF per floor) and is well-suited for a wide range of users including office, medical, service retail, or mixed-use conversion. Zoned B3-2, the asset provides significant flexibility for repositioning or redevelopment, with excess land and parking offering future upside. The fully vacant status allows an owner-user to immediately occupy the entire building or customize the space to their needs, while investors can capitalize on lease-up or adaptive reuse strategies. Strategically located just minutes from Midway Airport and major thoroughfares including Cicero Ave and I-55, the property benefits from strong accessibility, visibility, and a dense surrounding residential base. The area boasts a Walk Score of 78, with numerous nearby retail, dining, and service amenities supporting both employees and customers . This is a rare opportunity to acquire a well-located, flexible commercial asset with strong fundamentals, ample parking, and multiple paths to value creation in a supply-constrained submarket.

Courtesy Of: 33 Realty


General Features


List Date:
03/23/2026

Exterior Features and Amenities


Lot Size Dimensions:
267 x 125

Financial


Days On Market:
7
Tax Annual Amount:
$11,996.41
Tax Year:
2024


Directions


Located on W 63rd St just east of Narragansett Ave in Chicago's Clearing neighborhood. Property sits on the north side of 63rd St with easy access to Midway Airport, I-55, and Cicero Ave. From I-55, exit at Cicero Ave south to 63rd St, then head west to property. From Midway Airport, take Cicero Ave north to 63rd St, then head west. Highly visible location along a major east-west corridor with strong traffic counts.

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: 2026-04-06
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Copyright 2026 MRED LLC

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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