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    342 W 75Th St Chicago, IL 60621

    Sponsored
    For Sale
    $495,000

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.22 Acres
    Days on Market:
    162
    Last Refresh:
    Jan 10 at 6:06 am

    Property Features for 342 W 75Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    20282230350000
    Lot size
    0.22 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Floors in Building
    1
    Building materials
    Brick

    Better Homes and Gardens Real Estate Connections (708) 295-6619 [email protected]

    Listing agent Kamal Salah (630) 352-1415

    Listing date Aug 2, 2025

    Copyright © 2025 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.

    Overview

    Chicago Retail Investment Opportunity

    Located on 75th Street in Chicago, this commercial property presents an investment opportunity. The building includes two retail spaces, both currently occupied by tenants under lease agreements. The first unit operates as a grocery store, while the second serves as a community youth center. Together, these tenants generate a monthly income of $6,300. The unit leased to the youth center includes a fenced lot and a large backyard, suitable for parking and recreational activities. The property is zoned COMMR and sits on a lot of 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A&J FOOD MARKET Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    A&J FOOD MARKET

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6337788
    Latitude
    41.7583692

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    FAQs

    What type of property is this?
    Grocery and convenience store - Two-unit retail property with tenants in place, generating monthly income.
    Where is this grocery and convenience store located?
    The property is located at 342 W 75Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Investment opportunity with income potential.; - Two retail spaces currently occupied by tenants.; - Leased to a grocery store and a youth center.
    (630) 352-1415
    Request Owner's contact information
    342 W 75Th St Chicago, IL 60621
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    Chicago, IL 60621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    342 W 75Th St Chicago, IL 60621
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