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Freestanding Retail Building with Parking
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2545 East 79th Street, Chicago, IL 60649

Freestanding retail building on East 79th Street with dual signage, alley access, and a parking lot.

Property Size12,000 SF
Lot Size0.43 Acres
Days on Market117

Property Features for 2545 East 79th Street

General Information

Standard status Active
Size 12,000 SF
Lot size 0.43 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 10,850 vehicles/day
Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 16 Changed: Aug 8 Last Checked: Jul 20 at 6:20PM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

A freestanding retail building totaling 12,000 square feet on a 0.43-acre lot at the southwest corner of the signalized intersection of East 79th Street and South Colfax Avenue. The property is 100% occupied by Rainbow Furniture, with a lease expiring at the end of December, 2017. The building is configured for retail use and features dual signage along 79th Street, along with alley access and a parking lot just east of the property.

Located on the south side of East 79th Street in the South Shore area, the site provides exposure to over 10,850 VPD. Nearby retailers include Walgreens, Family Dollar, Subway, McDonald’s, Little Caesars, and Metro PCS, among others. The location offers access to the interstate system via the Dan Ryan Expressway and Route-41, and Cheltenham Metra Station is approximately 1/4 mile east for commuter and delivery convenience. The property currently produces a NOI of $37,018 per year.

Key Highlights

  • 12,000 SF freestanding retail building on the south side of East 79th Street in Chicago’s South Shore neighborhood
  • Exposure to 10,850 VPD and dual signage along 79th Street
  • 0.43‑acre lot with alley access and a parking lot just east of the property

Property Analytics

Current Use

DCS environmental cleaning ... Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Dental Office Building Supply Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store

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

10,850 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

921
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 43% Home Improvements & Furnishings 2%
McDonald's Dining
19,856 visits/mo 0.2 miles
Family Dollar Shops & Services
11,866 visits/mo 0.3 miles
Citgo Shops & Services
9,391 visits/mo 0.3 miles
Family Dollar Shops & Services
5,252 visits/mo 0.2 miles
Dollar General Shops & Services
5,093 visits/mo 0.1 miles

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
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?
Storefront property - Freestanding retail building on East 79th Street with dual signage, alley access, and a parking lot.
Where is this storefront property located?
The property is located at 2545 East 79th Street Chicago, IL.
What are key features of this property?
This property features: 12,000 SF freestanding retail building on the south side of East 79th Street in Chicago’s South Shore neighborhood; Exposure to 10,850 VPD and dual signage along 79th Street; 0.43‑acre lot with alley access and a parking lot just east of the property
(847) 780-8062 Call to check price and availability
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