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$900,000

Est. payment - /mo

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7,600 SqFt

Active

301 W 79th Street Chicago, IL 60620

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Ahmed Mohammad

ahmedmohammad@epique.me

UPDATED:

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

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.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Flooring Concrete, Tile, Other

Fireplace N

Exterior

Utilities Available Natural Gas Available

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Concrete,Brick

Listed by Brittany Ramsey • Coldwell Banker Realty

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