$900,000

301 W 79th Street, Chicago, IL 60620

  • 7,600 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $118/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

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.

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 313-303-2483
Listing Agent:
Brittany Ramsey : 313-303-2483
MLS ID:
12195240
  • Flooring: ConcreteTileOther
  • A/C: Central Air

This listing courtesy of Brittany Ramsey, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Westcott Elementary School

409 W 80th St, Chicago, IL, 60620

Grades PK-8

0.24 miles away

W

Westcott Elementary School

409 W 80th St, Chicago, IL, 60620

Grades PK-8

0.24 miles away

S

Simeon Career Academy High School

8147 S Vincennes Ave, Chicago, IL, 60620

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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