$138.16 Per Sq Foot $5,637 est/mo Sourced by Back At You

301-315 W 79th Street,Chicago, IL 60620

Chicago IL, 60620

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Description

Offered is a bustling strip mall nestled within a nearly fully occupied brick building, situated in the dynamic heart of West Chatham. This presents an exceptional investment prospect, capitalizing on substantial pedestrian flow. Erected in 2005, the retail hub houses six thriving storefronts. Its prime position ensures exceptional visibility, augmented by prominent pylon signage, and an expansive on-site parking area accommodating up to 29 vehicles. Recent enhancements include a partial roof replacement and resurfaced parking lot. With an expansive 7,550 square feet of space, the structure boasts robust all-brick construction. Lease arrangements operate on a modified gross basis, with tenants accountable for utilities, rendering it a highly lucrative venture.

Details

MLS#12036686
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year2005
Days On Site35
Listing Provided ByMega USA Properties, Inc. | Adrianne Han

Features

SQ Feet7,600
Story(s)1
Units6
ZoningCOMMR

Market Activity 60620

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Chatham
Listing VS Median (in 60620)
Price:
$1,050,000
low | high
Med:
$239,450
100% of Average
SqFt:
7,600
low | high
Med:
1,295
100% of Average
$ / SqFt:
$138
low | high
Med:
$189
13.151077877071% of Average
On Site:
35
low | high
Med:
6.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 10:34:56 PM PDT