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Listed by Edgar Zelayaof eXp Realty
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Est. payment /mo
Active
431 E 79th ST Chicago, IL 60619
13,205 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 13,205 sqft
MLS Listing ID 12601793
Year Built 1926
Annual Tax Amount $21,085
Tax Year 2024
Lot Dimensions 50 x 143
Property Sub-Type Mixed Use
Property Description
Rare 11-Unit Investment Opportunity in Chicago's Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.
Location
State IL
County Cook
Interior
Cooling Central Air, Window Unit(s)
Fireplace Y
Exterior
View Y/N true
Building
Structure Type Brick
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