431 E 79th Street,Chicago, IL 60619
Chicago, IL 60619
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 $110,375 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.
Details
| MLS # | 12602864 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 181 |
| Listing Provided By | eXp Realty | Edgar Zelaya |
Features
| SQ Feet | 13,205 |
|---|---|
| Story(s) | 3 |
| Units | 11 |
| Acreage | 0.16 |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|---|
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Circuit Breakers, Service - 0 to 100 Amps |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 21085.76 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $725,000 low | high Med: $175,000 sqft: 13,205 low | high Med: 1,133 $ / sqft: $55 low | high Med: $154 On site: 181 low | high Med: 359 | |
Market Activity 60619
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $725,000 low | high Med: $175,000 sqft: 13,205 low | high Med: 1,133 $ / sqft: $55 low | high Med: $154 On site: 181 low | high Med: 359 | |
