255 W 79th Street Chicago, IL $ 350,000
255 W 79th Street
$ 350,000
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255 W 79th Street

Chicago, IL, 60620
$ 350,000
Bedrooms-- Baths-- Sq 7,125
255 W 79th Street, Chicago, IL 60620 - Image 1
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Property for Rent in Chicago, IL

for $350,000. This 7,125 square foot property was built in 1922 on a lot size of 0.164.

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.

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Rental Active

Price

$ 350,000

Taxes

$ 12,152

Style

Commercial

Lot Size

0.164

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12799063

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Year Built 1922
Electric Other
Tenant Pays All Utilities
Stories Count 1
Tax Year 2024
Current Use Commercial
Assoc Fee Paid Per Annually
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status New
Directions Turn left onto E 82nd St Turn right onto S State St
City Chicago
Number Of Units Total 1
MLS Area CHI - Chatham
Lot Size Square Feet 7160
Tax Annual Amount 12152.23
Additional Parcels Y/N N
Leasable Area 0
Lease Type N/A
Standard Status Active
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Exterior
Building Area Total 7125
Lot Dimensions 57.3 125
Lot Size Acres 0.164
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* Excluded Features
List By
Mohall Commercial & Urban Development

Broker

moses@mohallcommercialud.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2026$350,000 Listed Price

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255 W 79th Street, Chicago, IL, 60620 is a Property for Rent at $350,000 with 7,125 sqft and a lot size of 0.164. 255 W 79th Street was built in 1922. The property's zip code is 60620 which is in Chicago, IL