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Shopping Center with Flexible Layout
For Sale
$599,000

1741 W 79th Street, Chicago, IL 60620

Open interiors support combining suites for different commercial configurations.

Property Size7,520 SF
Price / SF$79.65
Days on Market489

Property Features for 1741 W 79th Street

General Information

Standard status Active
Size 7,520 SF
Total Parking Spaces 10
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $59,887

Amenities

gated parking lot
open floor plan

Building Details

Building Size 7,520 SF
Year Built 2015
Buildings 1
Stories 1
Units 5
Tenancy Multi
Listing Agency: Sperry Van Ness
Listed By: Angelo Labriola · License #475130926
Source: Gia-sells
Added: Apr 28, 2025 Changed: Aug 28 Last Checked: Aug 29 at 10:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Van Ness

Investment Insights

Based on property information with market context.

This 5-unit retail center, built in 2015, offers 7,056 square feet of commercial space with an open interior arrangement. Suites can be connected, allowing the layout to accommodate different occupancy configurations. The property includes a gated parking area with 10 spaces and additional parking capacity noted along W 79th Street.

Located at 1741 W 79th Street in Chicago, the center provides a street-facing retail setting with dedicated on-site parking. Its suite configuration and adaptable interior support both individual and combined retail spaces, subject to the intended use.

Key Highlights

  • 7,056 SF retail center with 5 units
  • Open interior layout allows suites to be combined
  • Gated parking lot with 10 spaces

Property Analytics

Current Use

I Have A Dream ... Daycare Center

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Cafe & Coffee Shop Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
106k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Groceries 41% Dining 11% Beauty & Spa 2%
Walmart Neighborhood Market Groceries
43,331 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,511 visits/mo 0.5 miles
Citgo Shops & Services
13,010 visits/mo 0.2 miles
Burger King Dining
10,147 visits/mo 0.4 miles
Family Dollar Shops & Services
7,075 visits/mo 0.3 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

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

  • 1641 W. 79th St. W 79th St, Chicago, IL 60620

Frequently Asked Questions

What type of property is this?
Shopping center - Open interiors support combining suites for different commercial configurations.
Where is this shopping center located?
The property is located at 1741 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 7,056 SF retail center with 5 units; Open interior layout allows suites to be combined; Gated parking lot with 10 spaces
More about this property
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