Chicago, IL 60620 301 W 79th Street

301 W 79th Street Chicago, IL - Image 1301 W 79th Street Chicago, IL - Image 2301 W 79th Street Chicago, IL - Image 3
17 more
301 W 79th Street Chicago, IL - Image 4301 W 79th Street Chicago, IL - Image 5301 W 79th Street Chicago, IL - Image 6301 W 79th Street Chicago, IL - Image 7301 W 79th Street Chicago, IL - Image 8301 W 79th Street Chicago, IL - Image 9301 W 79th Street Chicago, IL - Image 10301 W 79th Street Chicago, IL - Image 11301 W 79th Street Chicago, IL - Image 12301 W 79th Street Chicago, IL - Image 13301 W 79th Street Chicago, IL - Image 14301 W 79th Street Chicago, IL - Image 15301 W 79th Street Chicago, IL - Image 16301 W 79th Street Chicago, IL - Image 17301 W 79th Street Chicago, IL - Image 18301 W 79th Street Chicago, IL - Image 19301 W 79th Street Chicago, IL - Image 20301 W 79th Street Chicago, IL - Image 21
Presented By: Coldwell Banker Realty
  • MLS# 12195240
  • 10/23/2024
  • Request Tour
  • Request Info
  • SQFT • 7,600

Home Details

PRIME INVESTMENT OPPORTUNITY: FULLY 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.
Presented By: Coldwell Banker Realty

Interior Features for 301 W 79th Street

Other Interior Features

FlooringConcrete, Tile, Other

General for 301 W 79th Street

Additional Parcels Y/NYes
Business TypeRetail
CityChicago
Construction MaterialsConcrete, Brick
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsI-94 to 79th Street W to Property. SWC of Princeton Avenue.
ElectricCircuit Breakers
Leasable Area3800
Lease TypeGross
Lot Size Square Feet19625
MLS AreaCHI - Chatham
Net Operating Income112407
Number Of Units Total6
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount57540
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipLake
UtilitiesNatural Gas Available
Year Built2005
ZoningCOMMR

Exterior for 301 W 79th Street

Building Area Total7600
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Frontage Road, Public Road, Signal Intersection
Lot Dimensions125X157

Additional Details

Price History

Client Care

Price $900,000
MLS#12195240
List Date 10/23/2024
Property Type Commercial
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 301 W 79th Street