Chicago, IL 60620,301 W 79th ST
Chicago, IL 60620,301 W 79th ST
Chicago, IL 60620,301 W 79th ST
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$885,000
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7,600 SqFt
Active

301 W 79th ST Chicago, IL 60620

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 7,600 sqft

Price per Sqft $116

MLS Listing ID 12471449

Year Built 2005

Annual Tax Amount $57,540

Tax Year 2023

Lot Dimensions 125X157

Property Sub-Type Retail/Stores

Property Description

PRIME INVESTMENT OPPORTUNITY: Partially OCCUPIED WEST CHATHAM RETAIL CENTER Strategically positioned in Chicago's vibrant West Chatham neighborhood, this exceptional 2005-built retail strip center presents a compelling investment with immediate cash flow potential. Featuring six uniquely different retail units, this property delivers consistent income with established tenants. PROPERTY HIGHLIGHTS: * Built in 2005 with modern construction and well-maintained systems * High occupancy rate across the development, with consistent demand * High-visibility location with prominent pylon signage * Generous parking with 29 dedicated on-site spaces * Former bank branch turned dry cleaners-offering premium build-out potential * Modified leases where tenants cover all utilities * Excellent traffic exposure in a bustling commercial corridor UNIQUE OPPORTUNITY:The current owner operates a successful dry cleaning business on-site, providing flexible options for investors. Purchase the business along with the property for additional income streams, or the owner is willing to remain as a tenant with favorable lease terms. This turnkey investment opportunity combines prime location, stable tenancy, and attractive lease structures in one of Chicago's growing commercial districts. Perfect for investors seeking reliable income with minimal management requirements.

Location

State IL

County Cook

Area Chi - Chatham

Zoning COMMR

Interior

Cooling Central Air

Flooring Concrete, Tile, Other

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Building

Dwelling Type Retail/Stores

Structure Type Concrete,Brick


Midwest Real Estate Data (MRED) IDX
Listed by Brittany Ramsey of  Keller Williams ONEChicago 

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Lenart Elementary Regional Gifted Center

    Public | PK - 8

  • 10

    McDade Elementary Classical School

    Public | KG - 6

  • 8

    McDowell Elementary School

    Public | KG - 5

  • 7

    Kellogg Elementary School

    Public | KG - 8

  • 7

    Dixon Elementary School

    Public | PK - 8

  • 6

    Providence-Englewood Elementary Charter

    Public | KG - 8

  • 6

    Turner-Drew Elementary Language Academy

    Public | KG - 8

  • 5

    Sutherland Elementary School

    Public | KG - 8

  • 5

    Davis M Magnet Elementary School

    Public | KG - 8

  • 5

    Barnard Elementary School

    Public | KG - 8

  • 5

    Kershaw Elementary School

    Public | PK - 8

  • 5

    Kipling Elementary School

    Public | KG - 8

  • 5

    Sherwood Elementary School

    Public | PK - 8

  • 5

    Pirie Fine Arts and Academic Center Elementary School

    Public | KG - 6

  • 5

    Burnside Elementary Scholastic Academy

    Public | PK - 8

  • 5

    Ray Elementary School

    Public | PK - 8

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

  • 5

    Carnegie Elementary School

    Public | PK - 8

  • 4

    Vanderpoel Elementary Magnet School

    Public | KG - 8

  • 4

    W. Green Elementary School

    Public | KG - 8

Middle Schools 2
  • 9

    Lindblom Math & Science Academy High School

    Public | 7 - 12

  • 0

    Banner Therapeutic Day School

    Private | 7 - 12

High Schools 18
  • 6

    Harlan Community Academy High School

    Public | 9 - 12

  • 6

    Hyde Park Academy High School

    Public | 9 - 12

  • 5

    Julian High School

    Public | 9 - 12

  • 5

    Simeon Career Academy High School

    Public | 9 - 12

  • 4

    Urban Preparatory Charter Academy Englewood High School

    Public | 9 - 12

  • 4

    Corliss High School

    Public | 9 - 12

  • 2

    Team Englewood Community Academy High School

    Public | 9 - 12

  • 1

    Harper High School

    Public | 9 - 12

  • 1

    Hope College Preparatory High School

    Public | 9 - 12

  • 1

    Robeson High School

    Public | 9 - 12

  • 1

    Hirsch Metropolitan High School

    Public | 9 - 12

  • 0

    Southside Occupational Academy High School

    Public | 12 - 12

  • 0

    Prologue - Johnston Fine Arts High School

    Public | 9 - 12

  • 0

    Excel Academy - Englewood High School

    Public | 9 - 12

  • 0

    Leo Catholic High School

    Private | 9 - 12

  • 0

    Pnuema Institute

    Private | 9 - 12

  • 0

    Banner Academy South

    Private | 9 - 12

  • 0

    Hunter-Bolden Academy

    Private | 12 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Sajeena Jayaprakash

Sajeena Jayaprakash

Real Estate Broker | License ID: 475.217670

+1(224) 374-1900

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301 W 79th ST