Corner Strip
For Sale
$870,000
301 W 79th Street, Chicago, IL 60620
Commercial Sale, Chicago, IL
Property Size7,600 SF
Lot Size0.45 Acres
Price / SF$114.47
Days on Market126
Property Features for 301 W 79th Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
I-94 to 79th Street W to Property. SWC of Princeton Avenue.
Subdivision
CHI - Chatham
Standard status
Active
APN
20332010030000
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
45328
Utilities
Utilities
Natural Gas Available
Cooling system
Central Air
Building Details
Year built
2005
Floors in Building
1
Number of units
6
Flooring type
Tile, Concrete
Building materials
Concrete, Brick
Listing Agency:
Keller Williams ONEChicago · Keller Williams Realty
(312) 216-2422
Listed By:
Brittany Ramsey · License #475173381
(312) 216-2422
Added: Apr 17
Changed: Aug 19
Last Checked: Aug 20 at 10:06AM
MLS# 12621976
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.
Investment Insights
Based on property information with market context.
This corner strip mall at 301 W 79th Street in Chicago includes a 19,625-square-foot lot and a 7,600-square-foot structure built in 2005. The improvements feature concrete and brick construction, tile and concrete flooring, central air, and natural gas availability. A pylon sign and 29 dedicated parking spaces support the existing retail configuration.
The property includes three vacant suites ranging from 950 to 1,450 square feet. Ivy Jerk Hut occupies space under a recently established 3-year lease with a 3-year renewal option. Located in Chicago’s West Chatham area, the site fronts 79th Street and occupies a corner position within the surrounding neighborhood retail setting.
The property includes three vacant suites ranging from 950 to 1,450 square feet. Ivy Jerk Hut occupies space under a recently established 3-year lease with a 3-year renewal option. Located in Chicago’s West Chatham area, the site fronts 79th Street and occupies a corner position within the surrounding neighborhood retail setting.
Key Highlights
- 19,625‑square‑foot lot with a 7,600‑square‑foot retail structure
- Three vacant suites ranging from 950 to 1,450 square feet
- Ivy Jerk Hut lease runs 3 years with a 3‑year renewal option
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
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
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Existing retail improvements include multiple suites, dedicated parking, and prominent pylon signage.
Where is this strip mall located?
The property is located at 301 W 79th Street 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‑square‑foot lot with a 7,600‑square‑foot retail structure; Three vacant suites ranging from 950 to 1,450 square feet; Ivy Jerk Hut lease runs 3 years with a 3‑year renewal option
