431 E 79th Street Chicago, IL $ 725,000
431 E 79th Street
$ 725,000
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431 E 79th Street

Chicago, IL, 60619
$ 725,000
Bedrooms-- Baths-- Sq 13,205

Monthly Estimate*

$ 4,464

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Commercial Property for sale in Chicago, IL

for $725,000. This 13,205 square foot building was built in 1926 on a lot size of 0.164325.

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.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 21,085

Style

Lot Size

0.164325

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12601793

Features
General
Cooling Central Air Window Unit(s)
Construction Materials Brick
Year Built 1926
Electric Circuit Breakers Service - 0 to 100 Amps
Tenant Pays Electricity Varies by Tenant
Stories Count 3
Tax Year 2024
Gross Income 125400
County Cook
Insurance Expense 16905
Property Type Commercial Sale Mixed Use
Status New
Directions 79th Street East to Vernon Ave.
City Chicago
Number Of Units Total 11
MLS Area CHI - Chatham
Lot Size Square Feet 7158
Tax Annual Amount 21085.76
Electric Expense 565
Fuel Expense 11046
Trash Expense 1638
Water Sewer Expense 7596
Additional Parcels Y/N N
Standard Status Active
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Interior
Total Fireplaces 0
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Exterior
Building Area Total 13205
Lot Dimensions 50 x 143
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* Excluded Features
List By
Exp Realty

Broker

zelayarealty@gmail.com

Email

Affordability Calculator

$6,221
Per Month
72%
28%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$1,757
Monthly 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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2026$725,000 Listed Price

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431 E 79th Street, Chicago, IL, 60619 is a Commercial Property for sale at $725,000 with 13,205 sqft and a lot size of 0.164325. 431 E 79th Street was built in 1926. The property's zip code is 60619 which is in Chicago, IL