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327 E 79th St 6,072 SF Retail Building Chicago, IL 60619 $832,772 CAD ($137.15 CAD/SF)
Investment Highlights
- Former grocery store – fully gutted, ready for redevelopment
- Positioned on 79th St, major east–west corridor
- Strong traffic and visibility
- Located in Chicago’s Chatham community
- Surrounded by retail, mixed-use, and multifamily
- Ideal for retail, service, office, or redevelopment
Executive Summary
Former grocery store building located in Chicago’s Chatham community. The property is currently gutted, providing a blank canvas for redevelopment or a custom build-out. Situated along 79th Street, a major commercial corridor connecting Lake Michigan to Chicago’s southwest suburbs, the area features a mix of retail, mixed-use buildings, shopping centers, and multifamily residences with strong traffic and neighborhood demand. Ideal opportunity for redevelopment, retail, or owner-user use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,072 SF
Building Class
C
Year Built
1947
Price
$832,772 CAD
Price Per SF
$137.15 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.29 AC
Zoning
B3-2 - Business
Parking
16 Spaces (2.64 Spaces per 1,000 SF Leased)
Frontage
160’ on 79th St
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $149,461 CAD | |
| Land Assessment | $42,791 CAD | Total Assessment | $192,252 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$42,791 CAD
Improvements Assessment
$149,461 CAD
Total Assessment
$192,252 CAD
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327 E 79th St
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