Listing provided courtesy of Fulton Grace RealtyMREDas Distributed by MLSGrid- MLS# 12662148MLS Provider

937 W 59th StreetChicago, IL 60621

Commercial
$115,000 Active

937 W 59th Street Overview

Time on Site:
31 days
Visits:
1

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!

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937 W 59th Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1896

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Englewood

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $2,109.90
  • Tax Year: 2023

General Information

  • Parcel Number: 20174040080000
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

General Information

  • Cooling: None
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 32 X 125
  • Lot Size Square Feet: 4000

Building Exterior/Construction

  • Construction Materials: Brick, Concrete
  • Roof: Tar/Gravel

General Information

  • Number Of Units Total: 2

937 W 59th Street Neighborhood

Community

60621 (Chicago) Demographics

37
Median Age
7,171
Population Density (per sq. mile)
16%
College Educated
$23,019
Estimated Median Income
2,506
Estimated Total Home Owners
8,240
Estimated Total Renters
23% / 77%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

937 W 59th Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

937 W 59th Street Market Data

Based on the last 30 days in this zip code

$192,359
Average List Price
$125
Average Price per Square Foot
3
Properties Sold
86
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

937 W 59th Street History

Date Event Value Agent
6/3/2026Source: MRED Status Change
Active
5/29/2026Source: MRED Added to Database
May 29, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
6/2/2022Source: MRED Status Change
Closed