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Storefront Retail Building
New
For Sale
$350,000

255 W 79th Street, Chicago, IL 60620

Commercial Sale, Chicago, IL

Property Size7,125 SF
Lot Size0.16 Acres
Price / SF$49.12
Days on Market5

Property Features for 255 W 79th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Turn left onto E 82nd St Turn right onto S State St
Subdivision CHI - Chatham
Standard status Active
APN 20332020010000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12152

Utilities

Cooling system Central Air

Amenities

rear overhead door

Building Details

Year built 1922
Floors in Building 1
Number of units 1
Listing Agency: MoHall Commercial & Urban Development
Listed By: Moses Hall · License #471019687
Added: Nov 2 Last Checked: Nov 6 at 3:06PM
MLS# 12799063

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 7,125-square-foot storefront retail building occupies a 0.164-acre parcel at 255 W 79th Street. Built in 1922, it has a brick-and-stone exterior, street-level exposure, central air, and a rear overhead door. A beauty supply retailer previously occupied the property; the interior offers a foundation for a buyer-planned commercial renovation and layout.

CTA #79 and #24 bus stops are nearby, the 79th Street Red Line station is approximately 0.4 mile away, and access to the Dan Ryan Expressway/I-94 is approximately 0.3 mile away. Chatham Market is roughly 1 mile from the property, and Chatham Ridge Shopping Center is approximately 1.4 miles away. Nearby retailers include Food 4 Less, Five Below, Foot Locker, and Starbucks.

Key Highlights

  • 7,125‑square‑foot storefront building on a 0.164‑acre parcel
  • Brick‑and‑stone exterior, street‑level exposure, and rear overhead door
  • Built in 1922; equipped with central air

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom

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
Highway access

Location Intelligence

Trade Area within ½ mile

788
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 47% Electronics 2%
McDonald's Dining
19,789 visits/mo 0.3 miles
Shell Shops & Services
19,057 visits/mo 0.5 miles
Church's Chicken Dining
13,664 visits/mo 0.3 miles
Dunkin' Donuts Dining
12,005 visits/mo 0.2 miles
Bank of America Shops & Services
11,087 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Storefront properties in Chicago, IL

$251 Jul
$202 Aug
$167 Sep
$170 Oct

Properties on Market for Storefront properties in Chicago

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Storefront property - A rear overhead door and central air support a space ready for a custom commercial renovation.
Where is this storefront property located?
The property is located at 255 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 7,125‑square‑foot storefront building on a 0.164‑acre parcel; Brick‑and‑stone exterior, street‑level exposure, and rear overhead door; Built in 1922; equipped with central air
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