$1,050,000
301-315 W 79th Street
Chicago, IL, 60620
The property on offer comprises a thriving strip mall housed within a fully occupied brick building, situated in the vibrant heart of West Chatham. This presents an outstanding investment opportunity, benefitting from high levels of pedestrian traffic. Constructed in 2005, the retail center accommodates six bustling storefronts. Its strategic location ensures excellent visibility, enhanced by prominent pylon signage, and a spacious on-site parking lot accommodating up to 29 vehicles. Recent upgrades include a new partial roof and parking lot surface. Boasting an impressive 7,550 square feet of space, the building features sturdy all-brick construction. Lease agreements are structured on a modified gross basis, with tenants responsible for utilities, making this a highly profitable venture.
Property Details
Price:
$1,050,000
MLS #:
MRD12036686
Status:
Active
Beds:
0
Baths:
0
Address:
301-315 W 79th Street
Type:
Commercial
Subtype:
Free Standing Store,Strip Center
City:
Chicago
Listed Date:
Apr 23, 2024
State:
IL
Finished Sq Ft:
7,600
ZIP:
60620
Year Built:
2005
Schools
Interior
Cooling
Central Air
Flooring
Concrete, Tile, Other
Exterior
Construction Materials
Concrete
Financial
Buyer Agent Compensation
2.5%-$500Net Sale Price
Tax Year
2022
Taxes
$57,540
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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301-315 W 79th Street
Chicago, IL
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