301 W 79th Street Chicago IL 60620 MLS #MRD12471449

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PRIME INVESTMENT OPPORTUNITY: FULLY 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 Details

Price:
$885,000
MLS #:
MRD12471449
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
Sep 14, 2025
Total Sq Ft:
7,600
Year Built:
2005
Chi – ChathamChichatham

Schools

Interior

Cooling
Central Air
Flooring
Concrete, Tile, Other

Exterior

Construction Materials
Concrete, Brick

Financial

Net Operating Income
$112,407
Tax Year
2023
Taxes
$57,540

Listing Agent & Office

Brittany Ramsey
Keller Williams ONEChicago

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301 W 79th Street
Chicago, IL