5537 W 63rd Place

Chicago, IL 60638

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.

Listing Courtesy of MRED as distributed by MLS Grid of Property Services Network



Based on information submitted to the MLS GRID as of 2026-05-14 08:58 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-14 08:58 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.