Corner Strip Mall with Pylon
For Sale
$870,000
301 W 79th Street, Chicago, IL 60620
C1-1 zoning and a corner position frame this existing retail property.
Property Size7,600 SF
Lot Size0.45 Acres
Price / SF$114.47
Days on Market169
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
C1-1
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Anchor Co-Tenants
Ivy Jerk Hut
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$45,327
Building Details
Building Size
7,600 SF
Year Built
2005
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams ONEChicago 313-303-2483 Overview Additional information MLS R ID 12621976 Interior features Bedrooms 0 Cooling Yes Exterior features Lot Size 0.45 Acres Other property details Taxes $7,241 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Brittany Ramsey with Keller Williams ONEChicago 313-303-2483
Listed By:
Brittany Ramsey · License #475173381
(313) 303-2483
Source:
Dawnmckennagroup
Added: Apr 17
Changed: Sep 25
Last Checked: Oct 1 at 4:50PM
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 313-303-2483 Overview Additional information MLS R ID 12621976 Interior features Bedrooms 0 Cooling Yes Exterior features Lot Size 0.45 Acres Other property details Taxes $7,241 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Brittany Ramsey with Keller Williams ONEChicago 313-303-2483
Investment Insights
Based on property information with market context.
This strip mall includes a 7,600-square-foot structure on a 19,625-square-foot corner lot. The property has a high-visibility pylon sign, 29 dedicated parking spaces, and three vacant spaces ranging from 950 to 1,450 square feet. Ivy Jerk Hut has committed to a new three-year lease with a three-year renewal option.
The site is zoned C1-1 and carries a 1.2 Floor Area Ratio, supporting a theoretical buildable area of up to 23,550 square feet. The existing improvements provide an operating retail component while the underlying land offers additional development capacity. Built in 2005, the property is located at 301 W 79th St in Chicago, Illinois.
The site is zoned C1-1 and carries a 1.2 Floor Area Ratio, supporting a theoretical buildable area of up to 23,550 square feet. The existing improvements provide an operating retail component while the underlying land offers additional development capacity. Built in 2005, the property is located at 301 W 79th St in Chicago, Illinois.
Key Highlights
- 19,625‑square‑foot corner lot with a 7,600‑square‑foot existing structure
- C1‑1 zoning with a 1.2 Floor Area Ratio
- Theoretical buildable density of up to 23,550 square feet
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - C1-1 zoning and a corner position frame this existing retail property.
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 corner lot with a 7,600‑square‑foot existing structure; C1‑1 zoning with a 1.2 Floor Area Ratio; Theoretical buildable density of up to 23,550 square feet
