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Executive Summary

1502 W. 79th St is a vacant three story brick mixed-use commercial building. Most recently this space was used as office space for hair salon suites. There are currently 4 offices, a reception area, a storage area and a washroom. The property is located on the West side of busy Kedzie Avenue with 25 feet of frontage on Kedzie. Located in the midst of a wide variety of retail stores, this property will be a good choice for many different uses. Located near the busy intersection of 79th and Ashland, this property boasts a large storefront that is waiting for a complete renovation, The two large apartments on the upper floors each feature 3 spacious bedrooms, 1.5 baths, a living room, dining room, and kitchen for a complete renovation. With its prime location in a heavily trafficked area, this property is ideal for a wide range of businesses, from restaurants to retail stores to professional offices. The possibilities are endless, and the potential for growth is immense.

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,432 SF
Building Class
C
Year Built
1926
Price
$171,214 CAD
Price Per SF
$23.04 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.48
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
50
Frontage
25’ on W 79th St
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

Jazzercise
Pepe's Mexican Restaurants
Walmart Neighborhood Market
Fifth Third Bank
Sonny"s Real Pit Bar B-Q

Property Taxes

Property Taxes

Parcel Number
20-29-318-034-0000
Land Assessment
$2,046 CAD
Improvements Assessment
$26,603 CAD
Total Assessment
$28,649 CAD
  • Listing ID: 28330032

  • Date on Market: 2023-04-26

  • Last Updated:

  • Address: 1502 W 79th St, Chicago, IL 60620

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