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2331-2341 W 79th Pl
Chicago, IL 60620

Mixed Use Development Opportunity · Land For Sale · 0.34 AC

Investment Highlights

  • Zoned for Commercial or Residential
  • Located in a TIF District
  • Immediate Neighbors include Dollar Tree and Dunkin'

Executive Summary

Brookline Real Estate, LLC. is pleased to present the rare opportunity to acquire a highly visible mixed-use development property positioned in a strong, transit-oriented location in Chicago. A user with a need for brand exposure will benefit from the property's position near the intersection of Western Avenue and 79th Place. A developer or investor will benefit from attracting prime tenants given the many favored attributes of this property.
Immediately surrounded by Dunkin', Dollar Tree, and residential homes, the site sits near the major retail intersection of Western Avenue and 79th Street. Just a half block from CTA bus lines and one block from St. Rita High School, the site is in a strong transit location with heavy vehicle and foot traffic. Other national retailers at the intersection include CVS, McDonald's, and Subway.
The property is also located within the 79th Street/Southwest Highway TIF District.
This rare development opportunity is being offered for the first time near a growing business corridor with traffic counts of 25,500. Contact us to learn more!

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Neighborhood Center
  • Single Family Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 0.34 AC

1 Lot Available

Lot

Price $250,000
Price Per AC $731,953
Lot Size 0.34 AC

14,878 square-feet of land improved with a newer parking lot. Zoned B1-1 (Commercial and Residential)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-31-104-011-0000
  • 20-31-104-013-0000
  • 20-31-104-012-0000
  • 20-31-104-014-0000
Land Assessment
$53,114
Improvements Assessment
$8,030
Total Assessment
$61,144

zoning

Zoning Code B1-1 (B1-1 (Commercial/Residential))
B1-1 (B1-1 (Commercial/Residential))
  • Listing ID: 31866363

  • Date on Market: 5/20/2024

  • Last Updated:

  • Address: 2331-2341 W 79th Pl, Chicago, IL 60620

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