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EXECUTIVE SUMMARY
1502 W. 79th St is a vacant three story brick mixed-use commercial building. Most recently this space was used as office space for hair salon suites. There are currently 4 offices, a reception area, a storage area and a washroom. The property is located on the West side of busy Kedzie Avenue with 25 feet of frontage on Kedzie. Located in the midst of a wide variety of retail stores, this property will be a good choice for many different uses. Located near the busy intersection of 79th and Ashland, this property boasts a large storefront that is waiting for a complete renovation, The two large apartments on the upper floors each feature 3 spacious bedrooms, 1.5 baths, a living room, dining room, and kitchen for a complete renovation. With its prime location in a heavily trafficked area, this property is ideal for a wide range of businesses, from restaurants to retail stores to professional offices. The possibilities are endless, and the potential for growth is immense.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,432 SF
Building Class
C
Year Built
1926
Price
$125,000
Price Per SF
$16.82
Tenancy
Single
Building Height
3 Stories
Building FAR
2.48
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
50
Frontage
25’ on W 79th St
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 20-29-318-034-0000 | Improvements Assessment | $19,500 |
| Land Assessment | $1,500 | Total Assessment | $21,000 |
PROPERTY TAXES
Parcel Number
20-29-318-034-0000
Land Assessment
$1,500
Improvements Assessment
$19,500
Total Assessment
$21,000
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1502 W 79th St
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