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Corner Shopping Center with Parking
For Sale
$870,000

301 W 79th Street, Chicago, IL 60620

Commercial Sale, Chicago, IL

Property Size7,600 SF
Lot Size0.45 Acres
Price / SF$114.47
Days on Market169

Property Features for 301 W 79th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions I-94 to 79th Street W to Property. SWC of Princeton Avenue.
Subdivision CHI - Chatham
Standard status Active
APN 20332010030000
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 45328

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Amenities

pylon sign

Building Details

Year built 2005
Floors in Building 1
Number of units 6
Flooring type Tile, Concrete
Building materials Concrete, Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Brittany Ramsey · License #475173381
Added: Apr 17 Changed: Sep 14 Last Checked: Oct 2 at 6:06AM
MLS# 12621976

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 shopping center occupies a 19,625-square-foot parcel at 301 W 79th Street in Chicago. The property includes a 7,600-square-foot structure built in 2005, with concrete and brick construction, tile and concrete flooring, central air, and natural gas availability. The site also provides 29 dedicated parking spaces and a pylon sign.

Ivy Jerk Hut has a 3-year lease commitment with a 3-year renewal option. Three additional vacancies range from 950 to 1,450 square feet, offering multiple existing spaces within the retail configuration. The property is positioned on a corner along W 79th Street in Chicago’s West Chatham area.

Key Highlights

  • 19,625‑square‑foot parcel at 301 W 79th Street in Chicago
  • Existing 7,600‑square‑foot structure built in 2005
  • 29 dedicated parking spaces and a pylon sign

Property Analytics

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Current Use

Just Like Home ... Daycare Center 79th Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 48%
McDonald's Dining
32,398 visits/mo 0.1 miles
Shell Shops & Services
19,057 visits/mo 0.4 miles
Citgo Shops & Services
8,558 visits/mo 0.5 miles
Burger King Dining
8,045 visits/mo 0.1 miles
Family Dollar Shops & Services
7,122 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • West Chatham Plaza — Chicago, IL 60620
  • Coin Time Bitcoin ATM — 7859 S State St, Chicago, IL 60619
  • Chatham Center — 753 E 79th St, Chicago, IL 60619

Frequently Asked Questions

What type of property is this?
Shopping center - Existing retail improvements include tenant space, on-site parking, and a pylon sign.
Where is this shopping center located?
The property is located at 301 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: 19,625‑square‑foot parcel at 301 W 79th Street in Chicago; Existing 7,600‑square‑foot structure built in 2005; 29 dedicated parking spaces and a pylon sign
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