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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1728 79Th St Chicago, IL 60649

7,600 SF
Property ID
US28-1557248
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,600 SF
UPID US28-1557248
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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