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Two-Unit Grocery Property
For Sale
$375,000

342 W 75th Street, Chicago, IL 60621

Commercial building with an operating grocery store, additional vacant retail space, and an enclosed outdoor lot.

Property Size6,000 SF
Price / SF$62.50
Days on Market56

Property Features for 342 W 75th Street

General Information

Standard status Active
Size 6,000 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $7,489

Building Details

Building Size 6,000 SF
Year Built 1978
Tenancy Multi
Listing Agency: Better Homes & Gardens Real Estate 708-859-0909 Overview Additional information MLS R ID 12712689 Interior features Bedrooms 0 Cooling Yes Exterior features Lot Size 0.22 Acres Other property details Taxes $7,489 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Kamal Salah with Better Homes & Gardens Real Estate 708-859-0909
Listed By: Kamal Salah · License #471007235
Source: Dawnmckennagroup
Added: Jul 22 Changed: Sep 9 Last Checked: Sep 14 at 10:13AM

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 708-859-0909 Overview Additional information MLS R ID 12712689 Interior features Bedrooms 0 Cooling Yes Exterior features Lot Size 0.22 Acres Other property details Taxes $7,489 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Kamal Salah with Better Homes & Gardens Real Estate 708-859-0909

Investment Insights

Based on property information with market context.

The property is a 1978 commercial building at 342 W 75th Street in Chicago, Illinois, with two separate retail units. One unit is operating as a grocery store, while the second is vacant and provides additional retail space. The building is identified with COMMR zoning.

Outdoor improvements include a fenced lot and a backyard that is currently leased to a youth center. The exterior area also provides recreational space and parking options. The property’s two-unit layout supports continued grocery operations alongside occupancy of the additional retail unit.

Key Highlights

  • Two retail units within a 1978 commercial building
  • Operating grocery store occupies one unit
  • Second retail unit is vacant

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
View Realmo Analytics

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 - Commercial building with an operating grocery store, additional vacant retail space, and an enclosed outdoor lot.
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 within a 1978 commercial building; Operating grocery store occupies one unit; Second retail unit is vacant
More about this property
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