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Corner Retail Space
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303 W 79th St, Chicago, IL 60620

Flexible street-level premises with an adjacent expansion area and tenant build-out opportunity.

Space Size1,400 SF
Property Size7,600 SF
Days on Market382

Property Features for 303 W 79th St

General Information

Standard status Active
Size 1,400 SF
Net Rentable 1,400 SF
Class B
Property subtype Retail, Restaurant
Occupancy 60%
Lease Type Modified Gross

Space & Availability

Available Space 1,400-2,350 SF
Contiguous Space 2,350 SF
Space Use Retail
Available From Immediate

Additional Details

Corner Location Yes

Building Details

Building Size 7,600 SF
Tenancy Single

Spaces For Lease

at 303 W 79th St Contact us

Available Space $2.10 – $2.70/SF/Mo

Size
1,400 SF
Type
Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: KW COMMERCIAL
Listed By: Brittany Ramsey · License #475173381
Source: Crexi
Added: Aug 15, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:15PM

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 KW COMMERCIAL

Investment Insights

Based on property information with market context.

This retail space comprises a 1,400-square-foot corner unit with street-level access and an adaptable interior. The premises were previously used as a restaurant and are offered as a blank canvas for a new tenant’s build-out. An adjoining 950-square-foot vacant area provides a potential expansion path, with the spaces capable of being connected through a doorway or open wall configuration.

The property is part of a 7,600-square-foot building with 60% occupancy and sits within an established retail corridor characterized by surrounding retail activity and pedestrian traffic. The corner positioning provides street exposure, while immediate occupancy allows a tenant to begin planning its improvements without delay.

Key Highlights

  • 1,400‑square‑foot corner retail unit
  • Adjacent 950‑square‑foot vacant area expands the potential footprint to 2,350 square feet
  • Previously operated as a restaurant

Property Analytics

Current Use

Legends Chicken & Fish Restaurant

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

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

60%
Occupancy
NNN (Triple Net)
Lease Type
$3.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby
86k
Monthly Visits Nearby

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

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 9% below the average of $27.62 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible street-level premises with an adjacent expansion area and tenant build-out opportunity.
Where is this retail space located?
The property is located at 303 W 79th St Chicago, IL.
What is the lease rate?
The lease rate is $25.20 SF/Yr.
What are key features of this property?
This property features: 1,400‑square‑foot corner retail unit; Adjacent 950‑square‑foot vacant area expands the potential footprint to 2,350 square feet; Previously operated as a restaurant
(313) 303-2483 Call to check price and availability
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