SQUARE FEET7,600
MLS#12471449
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.45 Acres
Stories: 1.0
Taxes: $57,540
Year Built: 2005
Feature Descriptions
Current Use: Commercial
Electric: Circuit Breakers
Exterior: Concrete, Brick
Fire Protection: Smoke or Fire Protectors
Flooring: Concrete, Tile, Other
Foundation: Concrete Perimeter
Frontage Type: City Street, Frontage Road, Public Road, Signal Intersection
HVAC: Forced Air
Location: Corner
Lot Dimensions: 125X157
Miscellaneous Indoor: Multi-Tenant, Private Restroom/s
Number of Tenant(s): 6
Parcel#: 20332010030000
Parking: 19-30 Spaces
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 6
Utilities: Electric to Site, Natural Gas Available
Listed By / Shown By
Listed By
Agency Name: Keller Williams ONEChicago
Agency Phone: 312-216-2422
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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301 W 79th Street | MLS# 12471449
This commercial property located at 301 W 79th Street, Chicago, IL 60620 is currently listed for sale with an asking price of $885,000. Search Chicago real estate on www.bhhscrosby.com today.