505 W 79th Street Chicago, IL ^$ 425,000

505 W 79th Street

^$ 425,000

Back to search

505 W 79th Street

Chicago, IL, 60620

^$ 425,000

Bedrooms9 Baths0.0

Monthly Estimate*

^$ 2,617

505 W 79th Street, Chicago, IL 60620 - Image 1

Multi-Family Home for sale in Chicago, IL

for $425,000 with 9 bedrooms. This home was built in 1889 on a lot size of 0.189394.

Come out and see this 9 unit building, it has 6 apartments (2) 2 bedroom and (4) 1 bedroom 1 bathroom unit and 3 store fronts, the building needs some TLC but has potential. 5 of the 6 units are rented and all store fronts are currently vacant. There is opportunity for additional income from the Clear Channel advertising signs attached to the building.

Multi-Family Active

Price

^$ 425,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 13,124

Style

Lot Size

0.189394

Year Built

1889

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12527248

Features

General

Cooling None

Zoning MULTI

Construction Materials Brick

Year Built 1889

Electric Separate Meters

Tenant Pays Electricity Heat

Stories Count 3

Tax Year 2023

Gross Income 3450

County Cook

Net Operating Income 12500

Operating Expense 5500

Insurance Expense 5500

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 1500

Status Active

Directions 79th street east or west to Normal

City Chicago

Number Of Units Total 6

MLS Area CHI - Chatham

Lot Size Square Feet 8250

Tax Annual Amount 13124

Electric Expense 600

Fuel Expense 0

Trash Expense 1800

Water Sewer Expense 2000

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 66 X 125

* Excluded Features

List By

Coldwell Banker Realty

Broker

iriehomes100@gmail.com

Affordability Calculator

$3,710

Per Month

Monthly Principal & Interest: $2,617
Monthly Property Taxes: $1,094
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$590,716

Percent of Sale Price 39%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/6/2025	$425,000		Listed Price

Map

More homes like this one

homes for you

See all

505 W 79th Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $425,000 with a lot size of 0.189394. 505 W 79th Street has 9 bedrooms, 0.0 baths, and was built in 1889. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 1/28/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

505 W 79th Street

Multi-Family Home for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home