301 79Th StChicago, IL 60620

Property Details for 301 79Th St

Year built

1940

Lot size

0.11 AC

Property size (Sq ft)

6,000 SF

Property type

Retail space

APN

20-34-104-001

APU

2034104001

Description

This exceptional investment opportunity presents a 7,600 square foot multi-tenant retail storefront in Chicago's vibrant West Chatham neighborhood. Built in 2005, this Class B property boasts six thriving storefronts within a nearly fully occupied brick building, offering a strong 10.71% cap rate at an asking price of $1,050,000. The property sits on a 0.45-acre lot and features ample on-site parking (29 spaces), prominent pylon signage for excellent visibility, and a modified gross lease structure where tenants cover utilities. Recent improvements include a partial roof replacement and a resurfaced parking lot. The building features a 12-foot clear ceiling height and is zoned C1-1. The property's robust all-brick construction and prime location ensure a high return on investment. This owner-user or investment opportunity is ideal for those seeking a strong cash flow and significant upside potential in a thriving Chicago market. The property's APN is 20-33-201-003-0000. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable location.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.7508

Longitude

-87.6179

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].