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Listed price in listed location currency (USD).
$885,000

000

MLS® 12471449

Overview

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $57,540
Days Active 165
Approx. Age 2005
MLS® Number 12471449

Property Address: 301 W 79th St, CHICAGO, IL, 60620-1131

Average square foot calculated using Size range provided by listing agent.

Description

PRIME INVESTMENT OPPORTUNITY: Partially OCCUPIED WEST CHATHAM RETAIL CENTER Strategically positioned in Chicago's vibrant West Chatham neighborhood, this exceptional 2005-built retail strip center presents a compelling investment with immediate cash flow potential. Featuring six uniquely different retail units, this property delivers consistent income with established tenants. PROPERTY HIGHLIGHTS: * Built in 2005 with modern construction and well-maintained systems * High occupancy rate across the development, with consistent demand * High-visibility location with prominent pylon signage * Generous parking with 29 dedicated on-site spaces * Former bank branch turned dry cleaners-offering premium build-out potential * Modified leases where tenants cover all utilities * Excellent traffic exposure in a bustling commercial corridor UNIQUE OPPORTUNITY:The current owner operates a successful dry cleaning business on-site, providing flexible options for investors. Purchase the business along with the property for additional income streams, or the owner is willing to remain as a tenant with favorable lease terms. This turnkey investment opportunity combines prime location, stable tenancy, and attractive lease structures in one of Chicago's growing commercial districts. Perfect for investors seeking reliable income with minimal management requirements.
MLS® Number12471449
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 14, 2025List Date
$885,000List Price

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