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431 E 79th Street Chicago, IL 60619

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For Sale
$725,000

COMMERCIAL - Chicago, IL

Property size:
13,205 SF
Lot size:
0.16 Acres
Added:
Mar 25, 2026
Days on Market:
8
Last Refresh:
Apr 1 at 3:06 am

Property Features for 431 E 79th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
20342010010000
Size
13,205 SF
Lot size
0.16 Acres

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
21086

Utilities

Cooling system
Window Unit(s), Central Air

Building Details

Year built
1926
Floors in Building
3
Number of units
11
Building materials
Brick

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Listing Contact
Edgar Zelaya

Listing agent Edgar Zelaya License #475159638

Listing office eXp Realty 10 N Martingale Rd Ste 400, Chicago, IL

Listing date Mar 25, 2026

MLS# 12601793

Copyright © 2026 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

Chatham 11-Unit Investment Opportunity

This is an 11-unit investment opportunity located in Chicago's Chatham neighborhood on the 79th Street commercial corridor. The property features 11 units, each with separate living and dining rooms, plus additional bonus rooms suitable for 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 are responsible for their own electricity and cooking gas, while the owner provides boiler heat. 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. The lot size is 0.1643 acres. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.613544
Latitude
41.750978

FAQs

What type of property is this?
Apartment building - Chicago's Chatham neighborhood: 11 units, stable income, upside potential.
Where is this apartment building located?
The property is located at 431 E 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Rare 11‑unit investment opportunity.; Generates approximately $126,600 in annual gross income.; Located on the busy 79th Street commercial corridor.
More about this property
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