For Sale
$595,000
558 79Th St Chicago, IL 60619
High-yield retail space, strong lease, 9% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Part of a three-property portfolio.
- Single-tenant retail space.
- Seven-year lease remaining (expires March 29, 2028).
- 9% capitalization rate.
- Well-positioned at a signalized hard corner.
Property Details for 558 79Th St
- Property type
- Retail properties, Retail space
- Square Feet
- 5,100 SF
- Year Built
- 1960
- Lot Size (sq. ft)
- 5,227 SF
Location Insight
- City
- Chicago
- County
- Cook
- State
- Illinois
- Latitude
- 41.751469
- Longitude
- -87.6103454
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield retail space, strong lease, 9% cap rate.
- Where is the retail property located?
- The property is located at 558 79Th St Chicago, IL.
- What is the asking price?
- The asking price for this property is $595,000.
- What are key features of this property?
- This property features: Part of a three-property portfolio.; Single-tenant retail space.; Seven-year lease remaining (expires March 29, 2028).
- 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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