1728 79Th St Chicago, IL 60649
- Retail space
- 7,600 SF
Current Use by Public Records
- Retail space
Property Details for 1728 79Th St
- Property size
- 7,600 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 20-25-326-040-0000
Description
This exceptional investment opportunity presents a 7,600 square foot storefront property located at 1728 E 79th Street in Chicago, Illinois. The property, situated on a 10,854 square foot lot (APN 20-25-326-040-0000), is zoned B3-2 and comprises five units within a single-story building. Currently, the property requires complete rehabilitation and is being sold "as-is, where-is." Its prime location on a busy stretch of E 79th Street offers significant potential. The property benefits from high visibility, being directly across from Cleveland's Outlet. Excellent public transportation access is another key advantage, with proximity to the #79 79th Street bus route, 0.2 miles from the #28 Stony Island bus route, and 0.8 miles from the 79th/Chatham Metra station. Importantly, this property is designated as cannabis-eligible under the Illinois Cannabis Social Equity Program, presenting a unique opportunity for investors. The asking price for this substantial retail space is $125,000. This is a rare chance to acquire a significant retail property in a high-traffic area with considerable upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5822244
- Latitude
- 41.7516309
