Property summary
This exceptional 5,100 square foot storefront property at 558 E. 79th Street in Chicago, Illinois, presents a compelling investment opportunity. Located in Cook County, zip code 60619, this single-tenant retail space boasts a highly desirable location at a signalized hard corner on a 0.12-acre lot. The property, built in 1960, is currently under a Net Net Net (NNN) lease with a remaining term of seven years, expiring March 29, 2028. The asking price is $595,000, representing an attractive 9.00% capitalization rate. The property includes eight parking spaces, providing ample convenience for both tenants and customers. This is part of a three-property portfolio, offering potential for further investment and synergy. The strong lease and high cap rate make this a stable and potentially lucrative addition to any investment portfolio. This well-positioned storefront offers significant upside potential for savvy investors seeking a reliable, high-return asset in a thriving Chicago market. The property's strategic location and long-term lease provide a secure and profitable investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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