Shopping Center with Pylon
For Sale
$870,000
301 W 79th Street, Chicago, IL 60620
Corner retail property with established tenancy, dedicated parking, and available suites for additional occupancy.
Property Size7,600 SF
Lot Size0.45 Acres
Price / SF$114.47
Days on Market120
Property Features for 301 W 79th Street
General Information
Standard status
Active
Size
7,600 SF
Total Parking Spaces
29
Lot size
0.45 Acres
Property subtype
Commercial
Zoning
COMMR
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Anchor Co-Tenants
Ivy Jerk Hut
Road Access
Yes
Additional Details
Land Use
commercial
Taxes and HOA fees
Annual Taxes
$45,327
Amenities
pylon sign
Building Details
Building Size
7,600 SF
Year Built
2005
Buildings
1
Stories
1
Units
6
Tenancy
Multi
Listing Agency:
Keller Williams ONEChicago
(312) 216-2422
Listed By:
Brittany Ramsey · License #475173381
(312) 216-2422
Source:
Perillorealestategroup
Added: Apr 17
Changed: Aug 13
Last Checked: Aug 13 at 12:47PM
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
Investment Insights
Based on property information with market context.
This shopping center includes a 7,600-square-foot structure on a 19,625-square-foot lot at 301 W 79th Street. Built in 2005, the property has 29 dedicated parking spaces, a pylon sign, and three vacant suites ranging from 950 to 1,450 square feet. Ivy Jerk Hut has committed to a new 3-year lease with a 3-year renewal option.
The property occupies a corner position in West Chatham, Chicago, providing a visible retail setting along W 79th Street. Its existing tenant base, available suite inventory, parking, and freestanding signage support continued commercial occupancy within the current improvements.
The property occupies a corner position in West Chatham, Chicago, providing a visible retail setting along W 79th Street. Its existing tenant base, available suite inventory, parking, and freestanding signage support continued commercial occupancy within the current improvements.
Key Highlights
- 7,600‑square‑foot existing structure on a 19,625‑square‑foot lot
- 29 dedicated parking spaces and a pylon sign
- Ivy Jerk Hut committed to a new 3‑year lease 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
746
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Corner retail property with established tenancy, dedicated parking, and available suites for additional occupancy.
Where is this shopping center 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: 7,600‑square‑foot existing structure on a 19,625‑square‑foot lot; 29 dedicated parking spaces and a pylon sign; Ivy Jerk Hut committed to a new 3‑year lease with a 3‑year renewal option
