1728 79Th StChicago, IL 60649

For Sale
$125,000
7,600 SF Retail, 5 Units, $125K

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 7,600 square foot storefront property located at 1728 E 79th Street in Chicago, Illinois. The property, situated on a 10,854 square foot lot (APN 20-25-326-040-0000), is zoned B3-2 and comprises five units within a single-story building. Currently, the property requires complete rehabilitation and is being sold "as-is, where-is." Its prime location on a busy stretch of E 79th Street offers significant potential. The property benefits from high visibility, being directly across from Cleveland's Outlet. Excellent public transportation access is another key advantage, with proximity to the #79 79th Street bus route, 0.2 miles from the #28 Stony Island bus route, and 0.8 miles from the 79th/Chatham Metra station. Importantly, this property is designated as cannabis-eligible under the Illinois Cannabis Social Equity Program, presenting a unique opportunity for investors. The asking price for this substantial retail space is $125,000. This is a rare chance to acquire a significant retail property in a high-traffic area with considerable upside potential.

Highlights

  • 7,600 SF, 5-unit retail building on a 10,854 SF lot, priced at $125,000.
  • Property requires complete rehabilitation and is sold as-is, where-is.
  • High-visibility location on busy E 79th Street, across from Cleveland's Outlet.
  • Excellent public transit access: #79 bus route, 0.2 miles to #28 bus route, 0.8 miles to 79th/Chatham Metra station.
  • Cannabis-eligible under the Illinois Cannabis Social Equity Program.

Property Details for 1728 79Th St

Property type
Retail properties, Retail space
Square Feet
7,600 SF
Stories
1
Units
5

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.7516309
Longitude
-87.5822244
1728 79Th St, Chicago, Illinois

FAQs

What type of property is this?
Retail property - 7,600 SF Retail, 5 Units, $125K
Where is the retail property located?
The property is located at 1728 79Th St Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 7,600 SF, 5-unit retail building on a 10,854 SF lot, priced at $125,000.; Property requires complete rehabilitation and is sold as-is, where-is.; High-visibility location on busy E 79th Street, across from Cleveland's Outlet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1728 79Th St
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