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Corner Property: Five Contiguous Lots
For Sale
$270,000

507 W 79th Street, Chicago, IL 60620

Five lots for sale as a package in Chicago.

Property SizeContact for details
Lot Size0.57 Acres
Days on Market184

Property Features for 507 W 79th Street

General Information

Standard status Active
Lot size 0.57 Acres
Property subtype Unimproved Land

Amenities

Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Listing Agency: Oikos Realty LLC
Listed By: Anastasia Kokalias · License #471021148
Source: Kw
Added: Mar 5 Changed: Aug 27 Last Checked: Sep 4 at 4:04PM

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 Oikos Realty LLC

Investment Insights

Based on property information with market context.

This corner property presents a development opportunity, comprising five lots offered as a single package. The combined lots feature a total frontage of 200 feet. The individual lot dimensions are as follows: 507 W. 79th measures 24 feet by 125 feet, while 511 W. 79th, 515 W. 79th, 519 W. 79th, and 523 W. 79th each measure 44 feet by 125 feet. The zoning is B3-2, and there are no reported violations.

Key Highlights

  • Package of five contiguous lots being sold together.
  • Corner property, offering increased visibility and access.
  • Total frontage of 200 feet.

Property Analytics

Current Use

Sandra's African Hair ... Hair Salon

Suggested Use

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

720
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Five lots for sale as a package in Chicago.
Where is this commercial land located?
The property is located at 507 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Package of five contiguous lots being sold together.; Corner property, offering increased visibility and access.; Total frontage of 200 feet.
More about this property
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