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Two-Unit Grocery and Convenience Property
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342 W 75th Street, Chicago, IL 60621

Two retail units include an operating grocery store, a vacant space, and outdoor areas with fencing and parking.

Property Size6,000 SF
Days on Market22

Property Features for 342 W 75th Street

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $7,489

Amenities

fenced lot
spacious backyard

Building Details

Building Size 6,000 SF
Year Built 1978
Stories 1
Tenancy Multi
Listing Agency: Better Homes & Gardens Real Estate
Listed By: Kamal Salah · License #471007235
Source: Ozmentrealestate
Added: Jul 22 Changed: Aug 8 Last Checked: Aug 11 at 2:03PM

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 Better Homes & Gardens Real Estate

Investment Insights

Based on property information with market context.

Built in 1978, this grocery and convenience property contains two retail units. One unit operates as a grocery store and is currently leased, while the second unit is vacant and available for a new business or tenant. The interior arrangement provides a combination of an established retail operation and additional storefront space within the same building.

The property also includes a fenced lot and a spacious backyard. The backyard is currently leased to a youth center and provides recreational space along with parking. Located on W 75th Street in Chicago, the property carries COMMR zoning and combines retail space with outdoor areas that support multiple existing uses.

Key Highlights

  • Two retail units within one building
  • Operating grocery store in one unit
  • Second retail unit is vacant

Property Analytics

Current Use

A&J FOOD MARKET Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 39% Groceries 22%
McDonald's Dining
19,789 visits/mo 0.2 miles
Aldi Groceries
16,805 visits/mo 0.5 miles
Citgo Shops & Services
11,383 visits/mo 0.5 miles
Shell Shops & Services
10,392 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
10,338 visits/mo 0.3 miles

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value

Market

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
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Similar Off Market Nearby

  • A&J FOOD MARKET 342 W 75th St, Chicago, IL 60621

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Two retail units include an operating grocery store, a vacant space, and outdoor areas with fencing and parking.
Where is this grocery and convenience store located?
The property is located at 342 W 75th Street Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two retail units within one building; Operating grocery store in one unit; Second retail unit is vacant
More about this property
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