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1755-1759 W 79th St
Chicago, IL 60620
Retail Property For Sale
Investment Highlights
- Central location
- Good projected income
Executive Summary
Great Investment Opportunity! Prime corner commercial package located at 1753, 1755, and 1759 W 79th St on Chicago's active South Side. This offering features a corner layout of three single-story buildings totaling roughly 8,000 square feet, set in a busy, transit-connected neighborhood.
Property Breakdown:
(#1): Leased retail / grocery store (~3,000 Sq. Ft.)- 5 year lease
(#2): Vacant space (~2,500 Sq. Ft.) - Ideal for owner-user or new tenant.
(#3): Leased day-care space (~2,500 Sq. Ft.)- 2 year lase
Projected Rental Income: $5,700/ month; $68,400/yr
Property Breakdown:
(#1): Leased retail / grocery store (~3,000 Sq. Ft.)- 5 year lease
(#2): Vacant space (~2,500 Sq. Ft.) - Ideal for owner-user or new tenant.
(#3): Leased day-care space (~2,500 Sq. Ft.)- 2 year lase
Projected Rental Income: $5,700/ month; $68,400/yr
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,818 SF
Building Class
C
Year Built
1927
Price
$349,900
Price Per SF
$51.32
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
B1-1 - b1-1 Neighborhood Shopping District
Frontage
Property Taxes
| Parcel Number | 20-31-204-001-0000 | Improvements Assessment | $135,077 |
| Land Assessment | $16,173 | Total Assessment | $151,250 |
Property Taxes
Parcel Number
20-31-204-001-0000
Land Assessment
$16,173
Improvements Assessment
$135,077
Total Assessment
$151,250
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