For Lease
$15-$20 /SF/YR

1634-1642 79Th St Chicago, IL 60620

8,200 SF Retail Space, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional retail strip center, located at 1634-1642 W. 79th St in Chicago, IL, presents a compelling investment opportunity. Built in 2008, the property boasts a total of 8,200 square feet, situated on a 0.45-acre lot. The property is zoned B3-1 and is currently multi-tenant. There is significant vacant space available, totaling 7,138 square feet, offering flexibility for various retail concepts. Units are divisible down to 851 square feet, with a maximum contiguous space of 3,734 square feet. The location benefits from high visibility, situated on the Northwest corner of 79th and Marshfield, with 158 feet of frontage along 79th Street. This prime location experiences a high volume of daily traffic, estimated at 17,600 vehicles per day, ensuring excellent exposure for tenants. Easy ingress and egress further enhance the property's appeal. This is a rare opportunity to acquire a well-located retail property in a thriving Chicago neighborhood. The property's size and layout provide ample space for a variety of retail uses, making it an ideal investment for both established businesses and new ventures. Don't miss this chance to secure a piece of Chicago's vibrant retail market. Contact us today for more information.

Highlights

  • 8,200 SF retail strip center on a 0.45-acre lot in Chicago, IL.
  • Low net operating income (NNN) expenses.
  • 158 feet of frontage on 79th Street with high visibility to 17,600 vehicles per day (VPD).
  • Currently multi-tenant, with 7,138 SF of vacant space divisible into units as small as 851 SF; maximum contiguous space is 3,734 SF.

Property Details for 1634-1642 79Th St

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
8,200 SF
Year Built
2008

Unit(s) available at that property

Space
Suite 1642 G
Size
3,734 SF
Rate per SF
$15
Space
Suite 1642 I
Size
1,702 SF
Rate per SF
$20
Space
Suite 1642 H
Size
1,702 SF
Rate per SF
$20

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.750566
Longitude
-87.664829
1634-1642 79Th St, Chicago, Illinois

FAQs

What type of property is this?
Neighborhood center - 8,200 SF Retail Space, High Visibility
Where is the neighborhood center located?
The property is located at 1634-1642 79Th St Chicago, IL.
What is the lease rate?
The lease rate is $15-$20 /SF/YR.
What are key features of this property?
This property features: 8,200 SF retail strip center on a 0.45-acre lot in Chicago, IL.; Low net operating income (NNN) expenses.; 158 feet of frontage on 79th Street with high visibility to 17,600 vehicles per day (VPD).
How can I contact the broker?
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1634-1642 79Th St
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