558 79Th St, Chicago, IL 60619
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.
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DISCOUNT PRIDE CLEANER #1 DRY CLEANER IN CHICAGO (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
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.