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1423 W 79th Street Chicago, IL $ 162,500
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$ 162,500 Get more info
1423 W 79th Street
$ 162,500
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1423 W 79th Street

Chicago, IL, 60620
$ 162,500
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 1,014

1423 W 79th Street, Chicago, IL 60620 - Image 1
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1423 W 79th Street, Chicago, IL 60620 - Image 3
1423 W 79th Street, Chicago, IL 60620 - Image 4
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1423 W 79th Street, Chicago, IL 60620 - Image 9
1423 W 79th Street, Chicago, IL 60620 - Image 10

Commercial Property for sale in Chicago, IL

for $162,500. This 5,000 square foot building was built in 1924 on a lot size of 0.144628.

We Are Excited To Present This Prime Commercial Property with Endless Potential In The Gresham Area. This single-level brick building, located on a prominent corner lot, offers a fantastic opportunity for investors and entrepreneurs. Formerly a restaurant, the property features an oversized kitchen area and is divided into three distinct spaces, each equipped with ample storage and restroom facilities. While the building requires a full gut rehab, its versatile layout and prime location make it ideal for a variety of business ventures, such as retail, office spaces, or a reimagined dining establishment. Don't miss this chance to transform a well-placed property into a thriving business hub!

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Commercial Active

Price

$ 162,500

Property Type

Commercial

Taxes

$ 14,795

Style

Lot Size

0.144628

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12423314
Features
General
Cooling None
Possession Closing Immediate
Zoning COMMR
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers
Stories Count 1
Township Hyde Park
Property Subtype Neighborhood Storefront
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Dan Ryan expressway to 79th St. W to Address
City Chicago
Number Of Units Total 3
MLS Area CHI - Auburn Gresham
Lot Size Square Feet 6300
Tax Annual Amount 14795
Additional Parcels Y/N N
Leasable Area 5000
Standard Status Active
Cap Rate 0
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Interior
Flooring Concrete
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5000
Lot Dimensions 60X106
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* Excluded Features
List By
Realty Of America, Llc

Broker

dreamspots@ymail.com;kwilliams.roa@gmail.com

Email

Affordability Calculator

$2,247
Per Month
45%
55%
0%
Monthly Principal & Interest
$1,014
Monthly Property Taxes
$1,233
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/13/2025$162,500 -3.85% Price Down
9/3/2025$169,000 -3.43% Price Down
7/17/2025$175,000 Listed Price

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1423 W 79th Street, Chicago, IL, 60620 is a Commercial Property for sale at $162,500 with 5,000 sqft and a lot size of 0.144628. 1423 W 79th Street was built in 1924. The property's zip code is 60620 which is in Chicago, IL

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