$1,050,000

7,600

square ft

301-315 W 79th Street

Chicago, Illinois 60620

Active / MLS #12036686 / Retail Store / Chatham

Listing information updated 5/6/2024 at 2:23pm

Offered is a bustling strip mall nestled within a nearly fully occupied brick building, situated in the dynamic heart of West Chatham. This presents an exceptional investment prospect, capitalizing on substantial pedestrian flow. Erected in 2005, the retail hub houses six thriving storefronts. Its prime position ensures exceptional visibility, augmented by prominent pylon signage, and an expansive on-site parking area accommodating up to 29 vehicles. Recent enhancements include a partial roof replacement and resurfaced parking lot. With an expansive 7,550 square feet of space, the structure boasts robust all-brick construction. Lease arrangements operate on a modified gross basis, with tenants accountable for utilities, rendering it a highly lucrative venture.

Full Features

Built:

2005

Cooling System:

Central Air

Stories:

Current Use:

Commercial

Zoning:

COMMR

Rentable Square Feet:

950

Building Square Feet:

7,600

Current Net Income:

$112,408

Taxes & Assessments

Tax Amount:

$57,540

Tax Year:

2022

Location

Zip Code:

60620

City:

Chicago

County:

Cook

Listing Office: Mega USA Properties, Inc.

Listing Office Phone: 847.947.2478

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/6/2024 at 2:23pm. 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.

Chatham, IL

A well-established neighborhood that has evolved over the years, Chatham is home to many residents that have lived in the community for much of their lives. Avalon Highlands, Chesterfield, and Chatham Fields are three of the sub-areas that comprise this tight-knit community. Listed on the National R...

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CTA

Red line at 79th

$202,295

Average Sale Price

113

Average Days On The Market

94%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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301-315 W 79th Street is a retail store currently listed at $1,050,000. This retail store has been listed on @properties since April 23rd, 2024 and was built in 2005. The nearest transit stops include 79th CTA Red line.