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Retail Center with Flexible Space
For Lease
$15 SF/Yr

1741 W 79th Street, Chicago, IL 60620

Retail center featuring flexible space and ample parking.

Space SizeContact for details
Days on Market441

Property Features for 1741 W 79th Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,966

Building Details

Year Built 2015
Stories 1
Units 5
Listing Agency: Sperry Van Ness
Listed By: Angelo Labriola · License #475130926
Source: Ozmentrealestate
Added: Jun 9, 2025 Changed: Aug 23 Last Checked: Aug 23 at 6:14AM

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 retail center, constructed in 2015, offers 7,520 square feet of leasable space suitable for single or multi-tenant occupancy. The property features an open floor plan that can be customized to suit various business needs. Benefiting from frontage on 79th Street, the building includes a gated lot with 10 surface parking spaces. Zoned B1-1, the property is suitable for a wide variety of businesses.

Key Highlights

  • Flexible 7,520 SF leasable space suitable for single or multi‑tenant use.
  • Constructed in 2015, offering a relatively modern building.
  • Open floor plan allows for customized build‑out to suit specific business needs.

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
106k
Monthly Visits Nearby

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

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

This space is priced 42% below the average of $25.9 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail center featuring flexible space and ample parking.
Where is this retail space located?
The property is located at 1741 W 79th Street Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Flexible 7,520 SF leasable space suitable for single or multi‑tenant use.; Constructed in 2015, offering a relatively modern building.; Open floor plan allows for customized build‑out to suit specific business needs.
More about this property
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