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Property profile & analytics
OFF-MARKET
Office Spaces

1911 79Th St Chicago, IL 60620

0.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.45-acre commercial land parcel, located at 1911-1925 W 79th St in Chicago's Auburn Gresham community, presents a compelling investment opportunity. The property boasts 19,625 square feet (157' x 125') with 157 feet of frontage on 79th Street, just one block east of Damen Avenue. Its high-visibility location at the southwest corner of 79th Street and Winchester Avenue ensures significant exposure to the area's dense population and high daytime traffic volume (14,100 vehicles per day). Currently zoned B3-1, this site offers considerable flexibility for various development projects, including retail, office, or multifamily uses. The asking price is $165,000, translating to $8.40 per square foot. The surrounding area is a thriving business district, anchored by major retailers such as Dollar General, Dearborn Wholesale Grocer, Pepe's Mexican Restaurant, CVS, and Dollar Tree, among other regional businesses. This prime location and zoning flexibility make this an ideal site for a savvy investor seeking high-return potential in a densely populated and commercially active Chicago neighborhood. The Cook County location and 60620 zip code add to its appeal.

Property profile
Verified
Property type Office Spaces
Lot 0.45 ac (19,602 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jordan's Beauty Supply Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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