Commercial Property in Gresham
For Sale
$100,000
1423 W 79th Street, Chicago, IL 60620
Single-level brick building with potential for retail or office.
Days on Market102
Property Features for 1423 W 79th Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1924
Listing Agency:
REALTY OF AMERICA, LLC
(708) 788-1900
Listed By:
PERDURE CARTER · License #471009363
Source:
Corcoran
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 29 at 8:48AM
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 REALTY OF AMERICA, LLC
Investment Insights
Based on property information with market context.
This single-level brick building is located on a prominent corner lot in the Gresham Area. Formerly a restaurant, the property is divided into three distinct spaces, each equipped with ample storage and restroom facilities. It features an oversized kitchen area. The versatile layout and prime location make it ideal for a variety of business ventures, such as retail, office spaces or a reimagined dining establishment. The building requires a full gut rehab, presenting an opportunity for investors and entrepreneurs to transform it into a thriving business hub.
Key Highlights
- Prime corner lot location in the Gresham area.
- Versatile layout suitable for retail, office, or restaurant use.
- Oversized kitchen area (formerly a restaurant).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 24%
McDonald's
Dining
19,789 visits/mo
0.5 miles
Family Dollar
Shops & Services
5,704 visits/mo
0.3 miles
SUBWAY
Dining
2,282 visits/mo
0.3 miles
Liberty Tax
Shops & Services
1,268 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
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Similar Off Market Nearby
- Ashland South Flowers & Gifts — 8246 S Ashland Ave, Chicago, IL 60620
Frequently Asked Questions
What type of property is this?
Storefront property - Single-level brick building with potential for retail or office.
Where is this storefront property located?
The property is located at 1423 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Prime corner lot location in the Gresham area.; Versatile layout suitable for retail, office, or restaurant use.; Oversized kitchen area (formerly a restaurant).
