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Two-Unit Grocery and Convenience Property
For Sale
$375,000

342 W 75th Street, Chicago, IL 60621

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market53

Property Features for 342 W 75th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions 75th St East or West to 342 and 344 W 75th St
Subdivision CHI - Greater Grand Crossing
Standard status Active
APN 20282230350000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 7489

Utilities

Cooling system Central Air

Amenities

fenced lot
spacious backyard

Building Details

Year built 1978
Floors in Building 1
Building materials Brick
Listing Agency: Better Homes & Gardens Real Estate · Better Homes and Gardens Real Estate
Listed By: Kamal Salah · License #471007235
Added: Jul 22 Changed: Aug 20 Last Checked: Sep 12 at 6:06AM
MLS# 12712689

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.

Located at 342 W 75th Street in Chicago, this 1978 brick commercial property contains two retail units. One unit operates as a grocery store, while the second is vacant and configured for a new business or occupant. The building includes central air conditioning and is zoned COMMR.

The 0.2231-acre property includes a fenced lot and backyard. The outdoor area is leased to a youth center and provides recreational space along with parking. The property is positioned in Chicago’s 60621 ZIP code, within Cook County.

Key Highlights

  • Two retail units, including an operating grocery store and a vacant unit
  • 0.2231‑acre parcel with a fenced lot and backyard
  • Backyard leased to a youth center for recreation and parking

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Brick commercial building with one operating grocery unit, a second available retail space, and a fenced outdoor area.
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 $375,000.
What are key features of this property?
This property features: Two retail units, including an operating grocery store and a vacant unit; 0.2231‑acre parcel with a fenced lot and backyard; Backyard leased to a youth center for recreation and parking
More about this property
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