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$ 525,000
Est. payment | /mo
2,158 SqFt
$ 525,000
Est. payment | /mo
2,158 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 2,158 sqft
Price per Sqft $243
MLS Listing ID 12497790
Year Built 1965
Annual Tax Amount $11,757
Tax Year 2023
Lot Dimensions 187x71
Property Sub-Type Retail/Stores
Property Description
+/-2,158sf freestanding building on an approximately 13, 171sf site. The property is located at the Southwest Corner of 79th St & Southwest Hwy. A hard corner with a 4-way signalized intersection. The site is has four curb cuts. Two on Southwest Hwy. and two on 79th St. Southwest Hwy also intersects with Kedzie Ave a half block east of the site. High traffic intersection and high daytime traffic. In addition to the freestanding building, there is also a 3-way billboard sign on the site that is leased to a sign company. The rent for the billboard is approximately $10,000/yr. Rent is based on a percentage of the revenue stream the sign generates. The lease is up for renewal soon so terms might be able to be renegotiated. The densely populated area and high traffic offers an opportunity for the right investor or user for this property.
Location
State IL
County Cook
Area Chi - Ashburn
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Neil Haleem of Network Property Managment LLC
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Brandy Graves
Broker-Associate | Lic# 475175567