301 W 79th Street
, IL, 60620
Price$885,000
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
PRIME INVESTMENT OPPORTUNITY: Partially OCCUPIED WEST CHATHAM RETAIL CENTER Strategically positioned in Chicago’s vibrant West Chatham neighborhood, this exceptional 2005-built retail strip center presents a compelling investment with immediate cash flow potential. Featuring six uniquely different retail units, this property delivers consistent income with established tenants. PROPERTY HIGHLIGHTS: * Built in 2005 with modern construction and well-maintained systems * High occupancy rate across the development, with consistent demand * High-visibility location with prominent pylon signage * Generous parking with 29 dedicated on-site spaces * Former bank branch turned dry cleaners-offering premium build-out potential * Modified leases where tenants cover all utilities * Excellent traffic exposure in a bustling commercial corridor UNIQUE OPPORTUNITY:The current owner operates a successful dry cleaning business on-site, providing flexible options for investors. Purchase the business along with the property for additional income streams, or the owner is willing to remain as a tenant with favorable lease terms. This turnkey investment opportunity combines prime location, stable tenancy, and attractive lease structures in one of Chicago’s growing commercial districts. Perfect for investors seeking reliable income with minimal management requirements.
| Price | $885,000 | |
| Total Baths | 0 | |
| Lot Size Area | 19625 | |
| Property Type | Commercial | |
| MLS Sub type | Commercial/CIE | |
| Year Built | 2005 | |
| Directions | I-94 to 79th Street W to Property. SWC of Princeton Avenue. | |
| Latitude | 41.750508 | |
| Longitude | -87.63201 | |
| Market Area | Lake | |
| Address | 301 W 79th Street, IL 60620 | |
| Postal Code | 60620 | |
| State | IL | |
| Country | United States | |
| Listing Office | Keller Williams ONEChicago | |
| Listing Office Phone | 312-216-2422 | |
| Listing Agent | Brittany Ramsey | |
| Listing Agent Phone | 313-303-2483 | |
| Days on market | 26 | |
| MLS Status | Active | |
| Listing Date | Sep 14, 2025 | |
| Listing Last Modified | Feb 27, 2026 | |
| Tax Year | 2023 | |
| Tax Annual Amount | 57540 | |
| MLS Area | Lake | |
| MLS # | MRD12471449 | |
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