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255 W. 79th St. | CHATHAM | CHICAGO, IL 60620

$450,000

255 West 79th Street, Chicago, IL 60620

Active
Last Updated: 02/27/2025

13.15

Cap Rate

7,000 sqft

Building Size

Details:
Cap Rate:    13.15%
Building Size:    7,000 sqft
Lot Area:    7,160 acres
Units:    1
Year Built:    1922
Zoning:    c1-1
Floors:    1
Description:

Prime 7,000 SF Retail Space for Sale – 255 W. 79th St., 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.

 

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