Corner Lot Strip Mall
For Sale
$130,000
237 W 79th Street, Chicago, IL 60620
Land, Chicago, IL
Property SizeContact for details
Lot Size0.16 Acres
Days on Market480
Property Features for 237 W 79th Street
General Information
Property type
Land
Property subtype
Other
Zoning
COMMR
Elementary school district
299
Middle school district
299
High school district
299
Directions
Dan Ryan to 79th Street Exit; West to property
Subdivision
CHI - Chatham
Standard status
Active
APN
20332020080000
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
2616
Listing Agency:
Pearson Realty Group
(773) 325-2800
Listed By:
Eduardo Padro · License #475141511
(773) 325-2800
Added: May 5, 2025
Changed: Aug 19
Last Checked: Aug 27 at 9:06PM
MLS# 12357026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land offers an ideal corner location suitable for a small strip mall or franchise opportunity. The property comprises four contiguous lots, totaling 16,535 square feet with 132 feet of frontage. Situated in a high-traffic area, it is directly across the street from a large CTA bus yard facility and is located just two blocks from the Dan Ryan Expressway 79th Street on and off ramp and the Red Line train station. The surrounding area already hosts various retailers, including Subway, Dunkin Donuts, Forman Mills, and Churchs Chicken. Furthermore, the property is located approximately 4.5 to 5 blocks from Auburn Park, where a $35 million Metra station with park and go capabilities is scheduled to open in 2025. The area is experiencing new developments, with more planned for the future. The property is located in Chicago, IL.
Key Highlights
- Ideal corner location perfect for a small strip mall or franchise.
- High‑traffic area directly across from a large CTA bus facility.
- Four contiguous lots totaling 16,535 square feet with 132 ft of frontage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 45%
Electronics 2%
McDonald's
Dining
19,789 visits/mo
0.3 miles
Shell
Shops & Services
19,057 visits/mo
0.3 miles
Church's Chicken
Dining
13,664 visits/mo
0.2 miles
Dunkin' Donuts
Dining
12,005 visits/mo
0.0 miles
Citgo
Shops & Services
11,383 visits/mo
0.5 miles
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Ideal corner location for a small strip mall or franchise.
Where is this commercial land located?
The property is located at 237 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Ideal corner location perfect for a small strip mall or franchise.; High‑traffic area directly across from a large CTA bus facility.; Four contiguous lots totaling 16,535 square feet with 132 ft of frontage.
