342 W 75th Street, Chicago, IL 60621

Active · For Sale · Retail/Stores

$375,000

342 W 75th Street, Chicago, IL 60621

Building Size
6,000 SF
Year Built
1,978

Property Overview

This investment opportunity offers significant commercial potential for investors and entrepreneurs alike. On 75th Street, the property includes two retail units-one currently leased for $4,000 per month, and the other vacant and ready for a new business venture or additional rental income. Inside the building, the first unit operates as a grocery store, while the second unit provides a versatile space ideal for launching your next business or securing a new tenant. The property also includes a fenced lot and a spacious backyard, currently leased to a youth center, offering both recreational space and convenient parking options. This is an exceptional chance for aspiring business owners to establish a presence and gain recognition within the community. To fully appreciate the value and possibilities this property offers, we strongly encourage an in-person viewing. Seeing it firsthand will help you envision how this space can support and elevate your business goals. Do not miss the opportunity to explore the potential of this property for yourself.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$7,489 (2023)

Property Details

Building Size
6,000 SF
Lot Size
9,720 SF
Lot Dimensions
9720
Stories
1
Year Built
1978
Construction
Brick
Zoning
COMMR
Parcel Number
20282230350000

Operations & Utilities

Heating
Central Bldg Heat
Cooling
Central Air
Tenant Pays
Other
Electric
Circuit Breakers
Possession
Closing

Location & Use

County
Cook
Market Area
Chicago - Greater Grand Crossing
Present Use
Commercial
Location
Mixed Use Area, Public Transport Avail, Free Standing/Urban

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.