7845 79Th StBridgeview, IL 60455

  • Retail space
  • 0.45 AC
For Sale
$725,000 View listing

Property Details for 7845 79Th St

Year built
1976
Lot size
0.45 AC
Property type
Retail space
APN
18-36-100-013
APU
1836100013

Description

This exceptional 5,675-square-foot property in Bridgeview, Illinois, presents a unique opportunity for businesses seeking a blend of office and warehouse space. Located at 7845 W 79th St, this single-tenant Class B building sits on a 0.47-acre lot and boasts ample parking with 33 spaces. The building, renovated in 2017, offers a flexible layout, allowing for customization to suit various operational needs. The warehouse component includes an overhead door, ideal for loading and unloading. The office space is adaptable and can be subdivided to accommodate smaller tenants. Situated in Cook County's Southwest Suburba submarket, this property benefits from excellent visibility and accessibility on 79th Street, providing easy access to major transportation routes and a vibrant commercial area with numerous amenities. The property type is classified as Office, Industrial, with subtypes including Executive Office, Warehouse, and Distribution. This prime location ensures convenient commuting for employees and efficient logistical operations for businesses. The entire 5,675 square feet is currently vacant and ready for immediate occupancy. Don't miss this chance to secure a well-maintained, strategically located property in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,353,839
    6.5%
    $8,634,313
    7%
    $8,017,576
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,498,954
    Geo Method
    $6,498,954
  • Alternative Use

    Use
    Valuation
    Residential
    $7,283,366
    Hospitality
    $6,671,524
    Educational
    $5,550,630
    Medical
    $5,741,524
    Retail
    $8,634,313
7845 79Th St, Bridgeview, Illinois

Location Insight

City
Bridgeview
County
Cook
State
Illinois
Latitude
41.7473
Longitude
-87.8162
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$40,929
$49,500
$52,884
$102,384
-
$198,000
$211,536
$409,536

FAQs

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