1634-1642 79Th St Chicago, IL 60620
This exceptional retail strip center, located at 1634-1642 W. 79th St in Chicago, IL, presents a compelling investment opportunity. Built in 2008, the property boasts a total of 8,200 square feet, situated on a 0.45-acre lot. The property is zoned B3-1 and is currently multi-tenant. There is significant vacant space available, totaling 7,138 square feet, offering flexibility for various retail concepts. Units are divisible down to 851 square feet, with a maximum contiguous space of 3,734 square feet. The location benefits from high visibility, situated on the Northwest corner of 79th and Marshfield, with 158 feet of frontage along 79th Street. This prime location experiences a high volume of daily traffic, estimated at 17,600 vehicles per day, ensuring excellent exposure for tenants. Easy ingress and egress further enhance the property's appeal. This is a rare opportunity to acquire a well-located retail property in a thriving Chicago neighborhood. The property's size and layout provide ample space for a variety of retail uses, making it an ideal investment for both established businesses and new ventures. Don't miss this chance to secure a piece of Chicago's vibrant retail market. Contact us today for more information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.