3247 W 79th Street
Chicago, IL 60652

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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.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60652
• Year Built: 1965
• Sq.Ft.: 2,158 sq ft
• Stories: 1
• Units: 1 unit
• Zoning: RTAIL
• Building Area Total: 2158
• Cooling: Central Air
• Directions: 79th St East or West to Columbus Ave (Southwest Hwy) or Columbus Ave (Southwest Hwy) North or South to 79th St
• Electric: Circuit Breakers
• Heat/Ventilation: Ceiling Units
• Information: 24-Hr Notice Required, List Broker Must Accompany
• Investment (Y/N): Yes
• Leasable Area: 2158
• Location: Central Business District, Corner
• Lot Size Source: Owner
• Lot Size Square Feet: 13158
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 2158
• Property Offered: For Sale Only
• Tax Annual Amount: 11757.41
• Tax Year: 2023