1634-1642 W. 79th St.

1634-1642 W. 79th St., Chicago, IL 60620

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Strip
  • Property Size 8,200 SF
  • Units 9
  • Lot Size 0.45 Acre
  • Parking Spaces Avail. 16
  • Property Tenancy Multi-Tenant
  • Year Built 2008
  • Year Renovated 2020
  • Date Updated May 6, 2026

Description

Discover the vibrant potential of Chicago's Auburn Gresham neighborhood. Nestled within a bustling retail corridor, with a new Metra train stop coming soon! The area boasts high foot traffic and excellent visibility for businesses seeking to connect with a diverse customer base. Nearby, tenants and visitors can explore the historic Kroc Center or indulge in the culinary scene along South Side eateries and shops. The renowned Adam Clayton Powell Jr. Paideia Academy is also within close reach, adding to the area's appeal for families and students. With easy access to public transportation and major thoroughfares, the location offers convenience and exposure, making it an ideal destination for Retail/Strip Center investors and tenants alike.Newer 9 Unit Strip Center in Auburn Gresham community. Located on 79th street, just 1 block west of high traffic intersection of 79th and Ashland. Tremendous value add opportunity to acquire 8,194 sf strip center for under $100/sf. Well below replacement cost! Proper management and leasing can turn this property around quickly. Property was build for $1,400,000 and appraised for $2,000,000. Pro forma cap rate 14.55%Under new management and looking to complete full occupancy! Newer Construction retail spaces on NWC of 79th & Marshfield. Site offers great visibility to slow moving 17,600 VPD. 158' of frontage along 79th with easy in and out access. Center is leasing up fast. Call today for details.

Highlights

  • 158' of frontage on 79th St.
  • 17,600 VPD
  • Dense, captive audience
  • Flexible lease terms
  • Great signage and visibility
  • High traffic exposure
  • Huge Pylon side visible
  • Low NNN expenses
  • Opportunity for growth
  • Prime commercial location

5 Spaces Available

1642 A

Space Type

Strip

Lease Rate

$20.00/SF/YR

Total Space

851 SF

Divisible Space

851 - 1,702 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

1642 D

Space Type

Street Retail

Lease Rate

$20.00/SF/YR

Total Space

851 SF

Divisible Space

851 - 851 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

1642 E

Space Type

Retail

Lease Rate

$20.00/SF/YR

Total Space

852 SF

Floor

1

Divisible Space

852 - 852 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

1642 F

Space Type

Strip

Lease Rate

Contact for pricing

Total Space

851 SF

Divisible Space

851 - 1,702 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

1642 I

Space Type

Strip

Lease Rate

$20.00/SF/YR

Total Space

1,181 SF

Divisible Space

1,181 - 1,702 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Paul Tsakiris

First Western Properties

Location

Located at 1634-1642 W. 79th St., Chicago, IL 60620, this property is part of the Auburn Gresham neighborhood and Chicago market.

Contact Listing Broker
Paul Tsakiris

First Western Properties

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