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301 W 79th Street

Chicago, IL 60620
  • $900,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 12195240
UPDATED: 194 min ago
$900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Description

Discover a prime investment opportunity in the bustling West Chatham neighborhood! This well-maintained strip mall, built in 2005, features six fully occupied retail units, ensuring steady income and excellent cash flow. Enjoy fantastic visibility with a prominent pylon sign and ample on-site parking with 29 spaces, making it convenient for customers. The center previously housed a bank and is currently owner-occupied, with a successful dry cleaning business operating on-site. The dry cleaning business is available for sale, or the seller is willing to remain as a tenant, offering flexibility for investors. Leases are structured as modified gross, with tenants responsible for all utilities, enhancing the investment's appeal. Don't miss out on this outstanding opportunity in a high-traffic location!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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301 W 79th Street Chicago, IL 60620

  • Price: $900,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 194 min ago
  • MLS #: 12195240
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2005
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Discover a prime investment opportunity in the bustling West Chatham neighborhood! This well-maintained strip mall, built in 2005, features six fully occupied retail units, ensuring steady income and excellent cash flow. Enjoy fantastic visibility with a prominent pylon sign and ample on-site parking with 29 spaces, making it convenient for customers. The center previously housed a bank and is currently owner-occupied, with a successful dry cleaning business operating on-site. The dry cleaning business is available for sale, or the seller is willing to remain as a tenant, offering flexibility for investors. Leases are structured as modified gross, with tenants responsible for all utilities, enhancing the investment's appeal. Don't miss out on this outstanding opportunity in a high-traffic location!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetFrontage RoadPublic RoadSignal Intersection Outdoor Parking 19-30 Spaces

Interior Features

Cooling Central Air Flooring ConcreteTileOther Heat Ventilation Forced Air Miscellaneous Inside Multi-TenantPrivate Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 7600 Current Use Commercial Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Leasable Area 3800 Location Corner Mls Actual Status Active Net Operating Income 112407 Number Of Tenants 6 Property Offered For Sale Only Property Sub Type Free Standing StoreStrip Center Tax Annual Amount 57540 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Township Lake Type Retail/Stores Utilities Electric to SiteGas to Site Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-981-5500.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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