Chicago, IL 60620 255 W 79th Street

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Presented By: Keller Williams ONEChicago
  • MLS# 12299936
  • 02/27/2025
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  • SQFT • 7,000

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Seize this exceptional investment opportunity in the heart of Chicago's South Side! This 7,000 SF retail space, located at 255 W. 79th St., is available for sale at $450,000, offering an outstanding 13.15% pro forma cap rate upon stabilization. Previously home to a thriving beauty supply business, this high-visibility retail space is also available for lease at $12.00/SF, making it ideal for a wide range of retail, service, or neighborhood commercial uses. 7,000 SF of Versatile Retail Space Zoned C1-1 - Suitable for a variety of retail and commercial uses High-Traffic Location - Strong visibility and foot traffic along 79th St. For Sale: $450,000 - Strong investment potential with a pro forma 13.15% cap rate For Lease: $12.00/SF - Great opportunity for businesses seeking an established retail corridor Positioned in a densely populated commercial corridor, this property offers easy access to public transportation, major thoroughfares, and a built-in customer base. Whether you're an investor looking for a high-yield retail asset or a business owner seeking a prime location, 255 W. 79th St. delivers exceptional value.
Presented By: Keller Williams ONEChicago

General for 255 W 79th Street

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
DirectionsTurn left onto E 82nd St Turn right onto S State St
ElectricOther
Leasable Area7000
Lease TypeNet
Lot Size Square Feet7160
MLS AreaCHI - Chatham
Net Operating Income59189
Number Of Units Total1
Property SubtypeRetail
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount23634.5
Tax Year2023
Year Built1922

Exterior for 255 W 79th Street

Building Area Total7000
Lot Dimensions7160

Additional Details

Price History

Client Care

Price $450,000
MLS#12299936
List Date 02/27/2025
Property Type Commercial
Phone 847.485.2500
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