Commercial Land with Existing
301 W 79th St, Chicago, IL 60620
For Sale
$870,000
Corner commercial site combining an existing building, dedicated parking, pylon signage, and future development capacity.
Property Size7,600 SF
Lot Size0.45 Acres
Price / SF$114.47
Days on Market105
Property Features for 301 W 79th St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Zoning
Site & Location
Neighborhood
Amenities
pylon sign
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Keller Williams ONEChicago
Listed By:
Brittany Ramsey · License IL #475173381
(313) 303-2483
Source:
Saladinosells
Added: Aug 2
Changed: Nov 12
Last Checked: Nov 4 at 3:39PM
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 Keller Williams ONEChicago
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Investment Insights
Based on property information with market context.
This commercial land offering includes a 19,625 sq ft parcel with a 7,600 sq ft structure built in 2005. The property is positioned at the corner of W 79th Street and includes a pylon sign, 29 dedicated parking spaces, and an existing tenant commitment from Ivy Jerk Hut for a 3-year lease with a 3-year renewal option. Three vacancies ranging from 950 to 1,450 sq ft remain within the property.
The site carries a stated 1.2 FAR, equating to theoretical buildable density of up to 23,550 square feet. Its Chicago address places the property in West Chatham, providing an existing commercial operation alongside future redevelopment capacity.
The site carries a stated 1.2 FAR, equating to theoretical buildable density of up to 23,550 square feet. Its Chicago address places the property in West Chatham, providing an existing commercial operation alongside future redevelopment capacity.
Key Highlights
- 19,625 sq ft commercial land parcel
- Existing 7,600 sq ft structure built in 2005
- 1.2 FAR with theoretical buildable density of up to 23,550 square feet
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 48%
McDonald's
Dining
32,398 visits/mo
0.1 miles
Shell
Shops & Services
19,057 visits/mo
0.4 miles
Citgo
Shops & Services
8,558 visits/mo
0.5 miles
Burger King
Dining
8,045 visits/mo
0.1 miles
Family Dollar
Shops & Services
7,122 visits/mo
0.2 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
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Market
Properties on Market for Commercial land in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Commercial land - Corner commercial site combining an existing building, dedicated parking, pylon signage, and future development capacity.
Where is this commercial land located?
The property is located at 301 W 79th St Chicago, IL.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: 19,625 sq ft commercial land parcel; Existing 7,600 sq ft structure built in 2005; 1.2 FAR with theoretical buildable density of up to 23,550 square feet
