Property profile

1911 79Th St Chicago, IL 60620

OFF-MARKET
Office Spaces
0.45 ac lot
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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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

1911 79Th St Chicago, IL 60620
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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