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3247 W 79th Street Chicago, IL 60652

$525,000
Active / MLS# 12497790 / Commercial - Retail / Chicago
0 Beds
2158 SqFt

+/-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.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.30 Acres
Stories: 1.0
Taxes: $11,757
Year Built: 1965

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Fire Protection: Other
Frontage Type: City Street
HVAC: Ceiling Units
Location: Central Business District, Corner
Lot Dimensions: 187x71
Parcel#: 19352050380000
Units: 1

Location

See details and scored characteristics about this location.

Listing Office: Network Property Managment LLC

Listing Office Phone: 708-873-5540



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