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Five-Unit Retail Center
New
For Sale
$599,000

1741 W 79th St, Chicago, IL 60620

Retail center with flexible suites, gated parking, and an open interior layout that supports combining adjoining units.

Property Size7,520 SF
Price / SF$79.65
Days on Market2

Property Features for 1741 W 79th St

General Information

Standard status Active
Size 7,520 SF

Building Details

Year Built 2015
Listing Agency: Sperry Van Ness
Listed By: Angelo Labriola · License #475130926
Source: Grandviewrealtyservices
Added: Sep 6 Last Checked: Sep 6 at 2:50PM

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 five-unit retail center contains 7,056 SF of retail space within a 7,520 SF property. The interior uses an open-plan configuration, allowing adjoining units to be combined based on operational needs. That layout provides flexibility for multiple occupants or a larger consolidated retail footprint.

A gated parking area serves the property with 10 spaces along W 79th Street. Additional parking may be added, according to the property information. The asset is located at 1741 W 79th St in Chicago, Illinois.

Key Highlights

  • 7,056 SF retail center with 5 units
  • 7,520 SF property built in 2015
  • Open floor plan allows units to be conjoined

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.

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
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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 with flexible suites, gated parking, and an open interior layout that supports combining adjoining units.
Where is this shopping center located?
The property is located at 1741 W 79th St 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; 7,520 SF property built in 2015; Open floor plan allows units to be conjoined
More about this property
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