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Retail Building with Fenced Lot
For Sale
$375,000

342 W 75th Street, Chicago, IL 60621

COMMERCIAL - Chicago, IL

Lot Size0.22 Acres
Days on Market11

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

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: Jul 28 Last Checked: Aug 1 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.

This retail property includes two storefront units. The first unit operates as a grocery store, and the second unit is currently vacant and ready for a new business or additional tenant. The building also includes a fenced lot and a spacious backyard.

The backyard is currently leased to a youth center. The property is located at 342 W 75th Street in Chicago, IL 60621, and is listed under zoning COMMR.

For investors or operators looking for a mixed setup, the combination of an income-producing grocery unit and a separately leased outdoor space provides a practical two-unit configuration for leasing and occupancy planning.

Key Highlights

  • Two retail units on 75th Street: one leased for $4,000/month and the other vacant and ready for a new business or tenant
  • One unit is currently operating as a grocery store; the second unit is a versatile retail/business space
  • Brick building with central air, built in 1978

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.

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 with one currently operating as a grocery store and a fenced lot with a leased backyard.
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 on 75th Street: one leased for $4,000/month and the other vacant and ready for a new business or tenant; One unit is currently operating as a grocery store; the second unit is a versatile retail/business space; Brick building with central air, built in 1978
More about this property
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