$450,000
255 W 79th Street
Chicago, IL, 60620
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
Tax Year
2023
Taxes
$23,635
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
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