Chicago, IL 60620 255 W 79th Street
$450,000



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Presented By: Keller Williams ONEChicago
Home Details
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
