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$ 900,000
Est. payment /mo
Price Dropped by $99K
301 W 79th Street Chicago, IL 60620
7,600 SqFt
UPDATED:
01/21/2025 06:31 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
Price per Sqft $118
MLS Listing ID 12195240
Year Built 2005
Annual Tax Amount $57,540
Tax Year 2023
Lot Dimensions 125X157
Property Sub-Type Retail/Stores
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!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Concrete, Tile, Other
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Concrete
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brittany Ramsey • Coldwell Banker Realty