Address
342 W 75th Street, Chicago, IL
Price
$ 375,000
Property Attributes
  • MLS#12712689
  • TypeCommercial
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Greater Grand Crossing
  • NeighborhoodGrand Crossing
  • Zip60621
  • StyleCommercial
  • Year Built1978
  • Taxes$ 7489
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size0.22314 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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.

Price History
7/22/2026 Listed $375,000

General Features

Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1978
Electric Circuit Breakers
Tenant Pays Other
Stories Count 1
Tax Year 2023
Current Use Commercial
Assoc Fee Paid Per Not Applicable
County Cook
Property Type Commercial Sale
Status Active
Directions 75th St East or West to 342 and 344 W 75th St
City Chicago
MLS Area CHI - Greater Grand Crossing
Lot Size Square Feet 9720
Tax Annual Amount 7489
Additional Parcels Y/N No
Leasable Area 2000
Lease Type Gross
Standard Status Active
Property Type Retail/Stores
Total Actual Rent 2400

Exterior Features

Building Area Total 6000
Lot Dimensions 9720

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60621

Price
AVG $280K
$380K
Taxes
AVG $4,701
$7,489
Year Built
AVG 1952
1978
Visits
AVG 262
100
Data Provided by Inside Real Estate®

Areas We Cover