1911 79Th St Chicago, IL 60620
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.
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Jordan's Beauty Supply Big Box & Wholesale 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.