9-Unit Strip
For Sale
Contact for pricing
Pending
1634-1642 W 79th St., Chicago, IL 60620
Multi-tenant retail property positioned along W. 79th St. near the Ashland intersection.
Property SizeContact for details
Days on Market146
Property Features for 1634-1642 W 79th St.
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
7.55%
Building Details
Tenancy
Multi
Listing Agency:
First Western Properties
(773) 355-4780
Listed By:
Paul Tsakiris · License #IL 471005153
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Sep 2 at 12:33AM
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 First Western Properties
Investment Insights
Based on property information with market context.
This newer retail center contains 9 units and is located at 1634-1642 W. 79th St. in Chicago’s Auburn Gresham community. The property occupies a block west of the intersection of W. 79th St. and Ashland.
Existing performance reflects a 7.55% cap rate, while the full-occupancy pro forma indicates a 16.14% cap rate. The multi-unit configuration provides a range of retail spaces within one commercial property.
Existing performance reflects a 7.55% cap rate, while the full-occupancy pro forma indicates a 16.14% cap rate. The multi-unit configuration provides a range of retail spaces within one commercial property.
Key Highlights
- 9‑unit strip center in Chicago’s Auburn Gresham community
- Located at 1634‑1642 W. 79th St.
- One block west of the intersection of W. 79th St. and Ashland
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Groceries 37%
Dining 20%
Beauty & Spa 2%
Walmart Neighborhood Market
Groceries
43,331 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,511 visits/mo
0.4 miles
Citgo
Shops & Services
13,010 visits/mo
0.4 miles
White Castle
Dining
11,137 visits/mo
0.4 miles
Burger King
Dining
10,147 visits/mo
0.4 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?
Strip mall - Multi-tenant retail property positioned along W. 79th St. near the Ashland intersection.
Where is this strip mall located?
The property is located at 1634-1642 W 79th St. Chicago, IL.
What are key features of this property?
This property features: 9‑unit strip center in Chicago’s Auburn Gresham community; Located at 1634‑1642 W. 79th St.; One block west of the intersection of W. 79th St. and Ashland
