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Corner Grocery And Convenience Store Property
New
For Sale
$349,900

1753-1759 W 79th Street, Chicago, IL 60620

Three single-story buildings combine leased retail, vacant commercial space, and an operating day-care component.

Property Size8,000 SF
Price / SF$43.74
Days on Market6

Property Features for 1753-1759 W 79th Street

General Information

Standard status Active
Size 8,000 SF
Property subtype COMMERCIAL

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $38,422

Building Details

Building Size 8,000 SF
Year Built 1929
Buildings 3
Stories 1
Tenancy Multi
Listing Agency: Infiniti Properties, Inc.
Listed By: Ghalia Abu Arab · License #475145070
Source: Dawnmckennagroup
Added: Aug 12 Changed: Aug 15 Last Checked: Aug 16 at 3:00PM

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 Infiniti Properties, Inc.

Investment Insights

Based on property information with market context.

This commercial package comprises three single-story buildings at 1753, 1755, and 1759 W 79th Street, with a combined 8,000 square feet. The property was built in 1929 and includes a leased grocery and retail building, a vacant commercial space, and a leased day-care space. The building areas are approximately 3,000 square feet, 2,500 square feet, and 2,500 square feet, respectively.

The corner property is situated in Chicago’s South Side and is described as being in a busy, transit-connected neighborhood. Existing lease terms include 5 years for the grocery and retail component and 2 years for the day-care space, while the separate vacant area provides additional occupancy flexibility.

Key Highlights

  • Three‑building corner package at 1753, 1755, and 1759 W 79th Street
  • Combined building area of 8,000 square feet
  • Approximately 3,000‑square‑foot leased grocery and retail space with a 5 year lease

Property Analytics

Current Use

Grocery and convenience stores

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

746
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

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

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Three single-story buildings combine leased retail, vacant commercial space, and an operating day-care component.
Where is this grocery and convenience store located?
The property is located at 1753-1759 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Three‑building corner package at 1753, 1755, and 1759 W 79th Street; Combined building area of 8,000 square feet; Approximately 3,000‑square‑foot leased grocery and retail space with a 5 year lease
More about this property
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