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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
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773 664 0013

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Status: Active (For Sale)
Type: Commercial
Year Built: 2005
MLS ID: 12471449


Overview
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PRIME INVESTMENT OPPORTUNITY: Partially OCCUPIED WEST CHATHAM RETAIL CENTER Strategically positioned in Chicago's vibrant West Chatham neighborhood, this exceptional 2005-built retail strip center presents a compelling investment with immediate cash flow potential. Featuring six uniquely different retail units, this property delivers consistent income with established tenants. PROPERTY HIGHLIGHTS: * Built in 2005 with modern construction and well-maintained systems * High occupancy rate across the development, with consistent demand * High-visibility location with prominent pylon signage * Generous parking with 29 dedicated on-site spaces * Former bank branch turned dry cleaners-offering premium build-out potential * Modified leases where tenants cover all utilities * Excellent traffic exposure in a bustling commercial corridor UNIQUE OPPORTUNITY:The current owner operates a successful dry cleaning business on-site, providing flexible options for investors. Purchase the business along with the property for additional income streams, or the owner is willing to remain as a tenant with favorable lease terms. This turnkey investment opportunity combines prime location, stable tenancy, and attractive lease structures in one of Chicago's growing commercial districts. Perfect for investors seeking reliable income with minimal management requirements.

Courtesy Of: Keller Williams ONEChicago


Feature Highlights


  • Additional Parcels

General Features


List Date:
09/14/2025

Exterior Features and Amenities


Lot Size Dimensions:
125X157

Financial


Days On Market:
140
Tax Annual Amount:
$57,540.00
Tax Year:
2023


Directions


I-94 to 79th Street W to Property. SWC of Princeton Avenue.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-03-13
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Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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