Fire Damaged Value Add Funeral Home For Sale 2701 W 63rd St Local commercial 645 m² À vendre Chicago, IL 60629 263 790 € (409,20 €/m²)

MoHall Commercial & Urban Development presents a rare commercial real estate opportunity in the heart of Chicago’s thriving Chicago Lawn neighborhood. This expansive 6,939 square foot free-standing commercial building sits on a massive 17,963 square foot lot and is now available for acquisition. Located at 2701 W 63rd Street, this high-exposure corner property offers significant development potential, off-street parking for 20 vehicles, and flexible zoning under B1-1 Neighborhood Shopping District, which allows for retail storefronts with residential units above—making it ideal for mixed-use redevelopment, institutional reuse, or value-add repositioning.
Formerly a full-service funeral home, the property was thoughtfully configured with two spacious chapels, two private offices, a professional-grade preparation room, a casket display area, and guest restrooms. A spacious front sitting room served as a welcoming area for families and clients. However, a recent fire damaged approximately 1,000 square feet of the front sitting area, providing a unique value-add opportunity for a buyer seeking to restore and customize the asset to meet modern operational needs. The structure remains fundamentally sound, offering a solid base for repositioning.
The building also includes a well-appointed two-bedroom, one-bath residential unit on the second floor—perfect for on-site staff, live-work arrangements, or additional rental income. With its generous lot size, parking capacity, and strategic location, this asset is ideal for a funeral home operator seeking expansion, a church or nonprofit seeking to establish a presence, or an investor/developer looking to tap into Chicago’s south-side commercial corridor.
Positioned along the busy 63rd Street commercial corridor, the site benefits from high vehicle and foot traffic, excellent visibility, and proximity to major transit routes. It is just minutes from the CTA Red and Green Lines, multiple bus routes, and less than 10 minutes from I-55 and I-90/94, providing easy access to Downtown Chicago, Midway Airport, and regional suburbs. The surrounding area is home to local schools, churches, retail plazas, and a growing residential population, adding to the long-term value of this site.
Located within the jurisdiction of 16th Ward Alderwoman Stephanie D. Coleman, this location is part of a community undergoing ongoing investment and revitalization. With B1-1 zoning and significant building and land footprint, this property offers an exceptional opportunity for redevelopment, adaptive reuse, or long-term hold.
Whether you’re looking to expand a legacy business, establish a new institutional footprint, or reposition a property with intrinsic community value, 2701 W 63rd Street offers the canvas to create something impactful.