255 W 79th Street
Chicago, IL, 60620
$450,000
Beds
0 Baths
7,000 SqFt
0 Acres
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$450,000
255 W 79th Street
Chicago, IL, 60620
MLS #MRD12299936 img 0MLS #MRD12299936 img 1MLS #MRD12299936 img 2MLS #MRD12299936 img 3MLS #MRD12299936 img 4MLS #MRD12299936 img 5MLS #MRD12299936 img 6MLS #MRD12299936 img 7MLS #MRD12299936 img 8MLS #MRD12299936 img 9MLS #MRD12299936 img 10MLS #MRD12299936 img 11MLS #MRD12299936 img 12MLS #MRD12299936 img 13MLS #MRD12299936 img 14
Seize this exceptional investment opportunity in the heart of Chicago’s South Side! This 7,000 SF retail space, located at 255 W. 79th St., is available for sale at $450,000, offering an outstanding 13.15% pro forma cap rate upon stabilization. Previously home to a thriving beauty supply business, this high-visibility retail space is also available for lease at $12.00/SF, making it ideal for a wide range of retail, service, or neighborhood commercial uses. 7,000 SF of Versatile Retail Space Zoned C1-1 – Suitable for a variety of retail and commercial uses High-Traffic Location – Strong visibility and foot traffic along 79th St. For Sale: $450,000 – Strong investment potential with a pro forma 13.15% cap rate For Lease: $12.00/SF – Great opportunity for businesses seeking an established retail corridor Positioned in a densely populated commercial corridor, this property offers easy access to public transportation, major thoroughfares, and a built-in customer base. Whether you’re an investor looking for a high-yield retail asset or a business owner seeking a prime location, 255 W. 79th St. delivers exceptional value.

Property Details

Price:
$450,000
MLS #:
MRD12299936
Status:
Active
Beds:
0
Baths:
0
Address:
255 W 79th Street
Type:
Commercial
Subtype:
Free Standing Store
Neighborhood:
CHI – Chatham
City:
Chicago
Listed Date:
Feb 27, 2025
State:
IL
Finished Sq Ft:
7,000
Total Sq Ft:
7,000
ZIP:
60620
Year Built:
1922

Schools

Interior

Cooling
Central Air

Exterior

Financial

Net Operating Income
$59,189
Tax Year
2023
Taxes
$23,635
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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255 W 79th Street
Chicago, IL