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255 West 79th StreetChicago, IL 60620Price: $350,000

  • Price: $350,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.24% last updated on Oct 29, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $350,000List Price
  • 0.16Acreage
  • 1922Year Built
  • 7,125Square Feet

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Bring your business vision to Chicago's 79th Street commercial corridor. Located at 255 W 79th St, Chicago, IL 60620, this approximately 7,125 SF retail building for sale offers entrepreneurs, owner-users, and developers the opportunity to establish their next destination in West Chatham. Picture a beauty and wellness destination combining salon suites with product retail. A neighborhood grocery or specialty food market serving nearby households. A medical, dental, or physical therapy practice offering convenient local care. Or a fitness, yoga, or personal-training studio built around a loyal membership community. C1-1 zoning accommodates a broad range of commercial uses, creating possibilities for these concepts as well as restaurants, coffee shops, professional offices, and retail showrooms. Formerly occupied by a beauty supply retailer, the building features a distinctive brick-and-stone facade, street-level exposure, and a rear overhead door. The existing interior presents an opportunity for a custom commercial renovation, allowing a buyer to plan sales areas, treatment rooms, studios, offices, or other business-specific spaces. For an owner-operator, this is an opportunity to build a brand while owning the real estate behind it. For a developer or investor, it offers a commercial property to renovate, reposition, and introduce to new occupants. Accessibility strengthens the opportunity. Nearby CTA #79 and #24 bus stops connect the property to surrounding neighborhoods, while the 79th Street Red Line station is approximately 0.4 mile away. Dan Ryan Expressway/I-94 access is approximately 0.3 mile away, supporting connections for customers, employees, and deliveries. Chatham Market is roughly 1 mile away, with Lowe's nearby, and Chatham Ridge Shopping Center is approximately 1.4 miles away. Area shopping destinations include Food 4 Less, Five Below, Foot Locker, and Starbucks. The property fronts a Neighborhood Opportunity Fund eligible commercial corridor and is mapped within the 79th/Vincennes SBIF district. Qualifying commercial projects may pursue NOF grants and potential SBIF assistance, subject to program eligibility, funding, application windows, and City approval. Create a storefront that reflects your vision and gives customers a reason to return. Schedule a tour to explore the property's retail, service-business, and commercial redevelopment possibilities.

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Listed by Moses Hall of MoHall Commerical & Urban Development

Based on information submitted to MRED  as of November 3, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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