Property profile

2125 79Th St Chicago, IL 60620

OFF-MARKET
Retail properties & Spaces
1 SF 0.4 ac lot Built 1988
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.395-acre commercial land parcel presents a unique investment opportunity in Chicago's vibrant South Chicago submarket. Located at 2125 W 79th Street, this property boasts a highly desirable B1-1 zoning designation, offering a wide range of potential development options. The lot, built in 1988, is situated on the north side of 79th Street, between Western Avenue and Damen Avenue, benefiting from significant foot traffic and proximity to established businesses. Neighboring businesses include prominent national chains such as Citibank, Metro PCS, CVS, and Dollar stores, indicating a strong retail presence and consumer base. The asking price is $165,000, translating to a land value of $9.59 per square foot. Given the high population density of the area and the strategic location, this property represents a compelling investment for developers and entrepreneurs seeking a foothold in a thriving commercial corridor. The property's size and zoning make it suitable for a variety of retail uses, capitalizing on the high volume of pedestrian traffic and the established commercial activity in the immediate vicinity. This is a rare opportunity to acquire a well-positioned commercial lot in a densely populated and commercially active area of Chicago. The address is 2125 W 79th Street, Chicago, IL 60620, in Cook County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1988
Total area 1 SF
Lot 0.4 ac (17,206 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2125 79Th St Chicago, IL 60620
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2125 79Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message