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Listed by Moses Hallof MoHall Commercial & Urban Development
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Est. payment /mo
7,125 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 7,125 sqft
MLS Listing ID 12799063
Year Built 1922
Annual Tax Amount $12,152
Tax Year 2024
Lot Size 7,143 Sqft
Lot Dimensions 57.3 125
Property Sub-Type Retail/Stores
Property Description
Bring your business vision to Chicago's 79th Street commercial corridor. Located at 255 W 79th St, Chicago, IL 60620, this approximately 7,125 SF retail building for sale offers entrepreneurs, owner-users, and developers the opportunity to establish their next destination in West Chatham. Picture a beauty and wellness destination combining salon suites with product retail. A neighborhood grocery or specialty food market serving nearby households. A medical, dental, or physical therapy practice offering convenient local care. Or a fitness, yoga, or personal-training studio built around a loyal membership community. C1-1 zoning accommodates a broad range of commercial uses, creating possibilities for these concepts as well as restaurants, coffee shops, professional offices, and retail showrooms. Formerly occupied by a beauty supply retailer, the building features a distinctive brick-and-stone facade, street-level exposure, and a rear overhead door. The existing interior presents an opportunity for a custom commercial renovation, allowing a buyer to plan sales areas, treatment rooms, studios, offices, or other business-specific spaces. For an owner-operator, this is an opportunity to build a brand while owning the real estate behind it. For a developer or investor, it offers a commercial property to renovate, reposition, and introduce to new occupants. Accessibility strengthens the opportunity. Nearby CTA #79 and #24 bus stops connect the property to surrounding neighborhoods, while the 79th Street Red Line station is approximately 0.4 mile away. Dan Ryan Expressway/I-94 access is approximately 0.3 mile away, supporting connections for customers, employees, and deliveries. Chatham Market is roughly 1 mile away, with Lowe's nearby, and Chatham Ridge Shopping Center is approximately 1.4 miles away. Area shopping destinations include Food 4 Less, Five Below, Foot Locker, and Starbucks. The property fronts a Neighborhood Opportunity Fund eligible commercial corridor and is mapped within the 79th/Vincennes SBIF district. Qualifying commercial projects may pursue NOF grants and potential SBIF assistance, subject to program eligibility, funding, application windows, and City approval. Create a storefront that reflects your vision and gives customers a reason to return. Schedule a tour to explore the property's retail, service-business, and commercial redevelopment possibilities.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Monika Mariak
Agent Illinois: 475.168150Indiana: RB18001616Florida: SL3515087
Agent Illinois: 475.168150Indiana: RB18001616Florida: SL3515087