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Flexible Retail Shopping Center
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1741 W 79th Street, Chicago, IL 60620

Retail center offering adaptable space for one occupant or multiple business users.

Space Size7,520 SF
Days on Market440

Property Features for 1741 W 79th Street

General Information

Standard status Active
Size 7,520 SF
Net Rentable 7,520 SF
Total Parking Spaces 10
Zoning B1-1

Space & Availability

Contiguous Space 7,520 SF
Divisible Yes

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $2,966

Amenities

gated lot

Building Details

Year Built 2015
Stories 1
Units 5
Listing Agency: Sperry Van Ness
Listed By: Angelo Labriola · License #475130926
Source: Midwestrealestate
Added: Jun 9, 2025 Changed: Aug 21 Last Checked: Aug 21 at 2:41PM

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.

Built in 2015, this retail shopping center provides 7,520 SF of leasable area in a configuration that can support either a single occupant or multiple tenants. The interior offers an open floor plan that can be adapted for the selected use and is zoned B1-1.

The property fronts W 79th Street in Chicago and includes a gated surface parking lot with 10 spaces. Its combination of adaptable interior space, street frontage, and on-site parking supports a range of retail-oriented commercial configurations.

Key Highlights

  • 7,520 SF of leasable retail space
  • Single‑tenant or multi‑tenant configuration
  • Open floor plan suitable for tenant fit‑out

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Chicago, IL

$21.4 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
26,628 SF
Avg Space Size

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 - Retail center offering adaptable space for one occupant or multiple business users.
Where is this shopping center located?
The property is located at 1741 W 79th Street Chicago, IL.
What are key features of this property?
This property features: 7,520 SF of leasable retail space; Single‑tenant or multi‑tenant configuration; Open floor plan suitable for tenant fit‑out
More about this property
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