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    301 W 79Th St Chicago, IL 60620

    For Sale
    $885,000

    Commercial Sale - Chicago, IL

    Property size:
    7,600 SF
    Days on Market:
    92
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 301 W 79Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    20332010030000
    Size
    7,600 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Number of units
    6
    Flooring type
    Concrete, Tile
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Brittany Ramsey (312) 216-2422 License #475173381

    Listing date Sep 14, 2025

    MLS# 12471449 Listing URL

    Copyright © 2025 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.

    Overview

    West Chatham Retail Investment Opportunity

    Located in Chicago's West Chatham neighborhood, this retail strip center, constructed in 2005, offers an investment opportunity with cash flow potential. The property features six retail units with established tenants. The property benefits from modern construction and maintained systems, a high occupancy rate, and a high-visibility location with pylon signage. There are 29 dedicated on-site parking spaces. One unit was formerly a bank branch and is now a dry cleaner. Tenants' leases have been modified so that they cover all utilities. The property has traffic exposure in a commercial corridor. The current owner operates a dry cleaning business on-site, presenting options for investors. The owner is willing to remain as a tenant with lease terms. The property is suitable for investors seeking income with management requirements. The property size is 7,600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Just Like Home ... Day Care Center 79th Cleaners Dry Cleaner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6179113
    Latitude
    41.7507749

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    FAQs

    What type of property is this?
    Strip mall - Fully occupied retail center in Chicago's West Chatham neighborhood.
    Where is this strip mall located?
    The property is located at 301 W 79Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $885,000.
    What are key features of this property?
    This property features: - Fully occupied retail center in Chicago's West Chatham neighborhood, providing immediate cash flow.; - High-visibility location with prominent signage and excellent traffic exposure.; - Built in 2005 with modern construction and well-maintained systems.
    (312) 216-2422
    Request Owner's contact information
    301 W 79Th St Chicago, IL 60620
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    Chicago, IL 60620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 W 79Th St Chicago, IL 60620
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