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    1651 W 79Th St Chicago, IL 60620

    New
    For Sale
    $215,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1651 W 79Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    OTHER
    APN
    20312060030000

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1924
    Number of units
    2
    Flooring type
    Wood
    Architectural style
    Other

    Exit Strategy Realty (312) 493-0920 [email protected]

    Listing agent Norma Lawson (312) 554-5478 License #475154858

    Listing date Dec 1, 2025

    MLS# 12509475 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Mixed-Use Investment Opportunity

    This two-flat brick building in Chicago, IL, presents an investment opportunity with existing income. The first floor is occupied by a beauty shop, and the second floor features a three-bedroom, one-bathroom apartment. The apartment includes a kitchen with stainless steel appliances, granite countertops, and brown cabinetry. There are separate living and dining rooms, along with hardwood floors throughout the second-floor unit. The property benefits from long-term, reliable tenants. The location offers convenient access to public transportation, shopping centers, and eateries. Additional features include a fenced backyard with a two-car garage and storage space in the basement. The building has separate furnaces and one central air unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kouturez Stylezz Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6653954
    Latitude
    41.7500776

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    FAQs

    What type of property is this?
    Mixed-use property - Two-flat brick building with steady rental income in Chicago.
    Where is this mixed-use property located?
    The property is located at 1651 W 79Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Instant income from long-term, reliable tenants in both the apartment and storefront.; - Fully occupied storefront beauty shop on the first floor provides steady rental income.; - Spacious 3-bedroom, 1-bathroom apartment on the second floor.
    (312) 554-5478
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    Chicago, IL 60620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1651 W 79Th St Chicago, IL 60620
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