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327 E 79th St
Chicago, IL 60619
Retail Property For Sale
Investment Highlights
- Former grocery store – fully gutted, ready for redevelopment
- Positioned on 79th St, major east–west corridor
- Strong traffic and visibility
- Located in Chicago’s Chatham community
- Surrounded by retail, mixed-use, and multifamily
- Ideal for retail, service, office, or redevelopment
Executive Summary
Former grocery store building located in Chicago’s Chatham community. The property is currently gutted, providing a blank canvas for redevelopment or a custom build-out. Situated along 79th Street, a major commercial corridor connecting Lake Michigan to Chicago’s southwest suburbs, the area features a mix of retail, mixed-use buildings, shopping centers, and multifamily residences with strong traffic and neighborhood demand. Ideal opportunity for redevelopment, retail, or owner-user use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,072 SF
Building Class
C
Year Built
1947
Price
$599,000
Price Per SF
$98.65
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.29 AC
Zoning
B3-2 - Business
Parking
16 Spaces (2.64 Spaces per 1,000 SF Leased)
Frontage
160’ on 79th St
Property Taxes
| Parcel Numbers | Improvements Assessment | $108,451 | |
| Land Assessment | $31,050 | Total Assessment | $139,501 |
Property Taxes
Parcel Numbers
Land Assessment
$31,050
Improvements Assessment
$108,451
Total Assessment
$139,501
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