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741 W 79th Street Chicago, IL $ 408,000
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741 W 79th Street
$ 408,000
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741 W 79th Street

Chicago, IL, 60620
$ 408,000
Bedrooms-- Baths-- Sq 4,778

Monthly Estimate*

$ 2,512

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Commercial Property for sale in Chicago, IL

for $408,000. This 4,778 square foot building was built in 1909 on a lot size of 0.173301.

Rare 4-storefront retail building in the heart of Auburn Gresham's transforming 79th St. Corridor. 4,778 SF bldg | 7,500 SF lot | B1-1 zoned. 3 of 4 units occupied: Unit 741 (food/tobacco), Unit 745 (tutoring center), Unit 747 (fully built-out restaurant w/ commercial kitchen - SS line, hood, fryers, prep tables - plus custom reclaimed-wood dining room & outdoor wood patio). Unit 743 vacant & white-box ready for immediate lease-up. Full-footprint basement spanning entire bldg w/ 1909 limestone foundation walls, exposed steel & full plumbing - rare South Side asset. Updated mechanicals throughout: Rheem water heater, Ameristar & RunTru HVAC. Multiple restrooms. LOCATION: City of Chicago Enterprise Zone | Steps from $35M Auburn Park Metra Station (Rock Island Line, opening 2026) | 79th St. Corridor Plan adopted by Chicago Plan Committee Apr 2025 | $47M in new residential development delivered steps away. Video walkthrough available. Sold AS-IS. Do not disturb tenants.

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Commercial Active

Price

$ 408,000

Property Type

Commercial

Taxes

$ 25,974

Style

Commercial

Lot Size

0.173301

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12656067
Features
General
Cooling Central Individual
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Roof Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1909
Electric Circuit Breakers Separate Meters Service - 101 to 200 Amps
Tenant Pays Varies by Tenant
Stories Count 1
Township Lake
Property Subtype Neighborhood Storefront
Tax Year 2024
Current Use Commercial
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status New
Directions 79TH STREET EAST OF HALSTED ST.
City Chicago
Number Of Units Total 4
MLS Area CHI - Auburn Gresham
Lot Size Square Feet 7549
Tax Annual Amount 25974.47
Additional Parcels Y/N N
Leasable Area 4778
Standard Status Active
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Interior
Flooring Vinyl
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Exterior
Water Source Municipal Water
Building Area Total 4778
Lot Dimensions 74 X 100
Frontage Type City Street
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* Excluded Features
List By
Real People Realty

Broker

maikol@chicagoateam.com

Email

Affordability Calculator

$4,677
Per Month
54%
46%
0%
Monthly Principal & Interest
$2,512
Monthly Property Taxes
$2,165
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/26/2026$408,000 Listed Price

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741 W 79th Street, Chicago, IL, 60620 is a Commercial Property for sale at $408,000 with 4,778 sqft and a lot size of 0.173301. 741 W 79th Street was built in 1909. The property's zip code is 60620 which is in Chicago, IL

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