South Shore Retail Space For Sale | 1716-1728 E 79th St
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South Shore Retail Space For Sale 1716-1728 E 79th St
7,600 SF Vacant Retail Building Chicago, IL 60649 $125,000 ($16/SF)
Investment Highlights
- 5-unit property priced to move located on busy East 79th Street
- This is a Cannabis-Eligible parcel as defined by the State of Illinois’ Cannabis Social Equity Program
- Located on retail corridor of busy street, across from Cleveland’s Outlet
Executive Summary
– 5-unit property priced to move located on busy E 79th Street
– Property needs complete rehab, sold as-is, where-is
– Located on retail corridor of busy street, across from Cleveland’s Outlet
– Easily accessible to public transportation, located on #79 79th Street bus route, 0.2 miles to #28 Stony Island bus route, and 0.8 miles to ME 79th / Chatham Metra station
– This is a Cannabis-Eligible parcel as defined by the State of Illinois’ Cannabis Social Equity Program
– Cook County Land Bank Authority owns this property. Please review CCLBA Offer Checklist before inquiring and please note that all offers must be submitted to the Land Bank directly via CCLBA website
– Property needs complete rehab, sold as-is, where-is
– Located on retail corridor of busy street, across from Cleveland’s Outlet
– Easily accessible to public transportation, located on #79 79th Street bus route, 0.2 miles to #28 Stony Island bus route, and 0.8 miles to ME 79th / Chatham Metra station
– This is a Cannabis-Eligible parcel as defined by the State of Illinois’ Cannabis Social Equity Program
– Cook County Land Bank Authority owns this property. Please review CCLBA Offer Checklist before inquiring and please note that all offers must be submitted to the Land Bank directly via CCLBA website
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,600 SF
Building Class
C
Year Built
1935
Price
$125,000
Price Per SF
$16
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.70
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
B3-2
Parking
11 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
107 FT on E 79th
Amenities
- Bus Line
Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 20-25-326-040-0000 | Improvements Assessment | $450,056 |
| Land Assessment | $97,684 | Total Assessment | $547,740 |
PROPERTY TAXES
Parcel Number
20-25-326-040-0000
Land Assessment
$97,684
Improvements Assessment
$450,056
Total Assessment
$547,740
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South Shore Retail Space For Sale | 1716-1728 E 79th St
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