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1656 W 79Th St Chicago, IL 60620

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For Sale
$480,000

Well-maintained 8-unit mixed-use building with retail and residential units.

Property size:
6,000 SF

Property Features for 1656 W 79Th St

General Information

Size
6,000 SF

Building Details

Year built
1966

Source: Samuel Silveira Agent Samuel Silveira

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Building on Corner Lot

This well-maintained 8-unit mixed-use building is located on the corner of 79th Street and Paulina in Chicago. The property features one ground-floor retail unit, currently occupied by a hair salon, and seven residential units above. The residential mix includes six 1-bedroom/1-bath apartments and one 2-bedroom/1-bath apartment. The majority of tenants are on flexible month-to-month leases. The building features classic Chicago brick architecture with enclosed front entryways, rear balconies, and a partial basement. Many updates have already been completed. On-site parking is available for approximately 10 vehicles. The property is 100% occupied. Auburn Gresham, located on Chicago's south side, is a culturally rich neighborhood bordered by 79th Street to the north, 87th Street to the south, Racine Avenue to the east, and the CSX railroad tracks to the west. It offers a mix of residential areas with historic bungalows, two-flats, and apartments. The neighborhood features local businesses, restaurants, and shops, alongside schools, churches, and community centers. The property has 79th Street frontage and a property size of 6000 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Blessing Professional Hair Salon Freeman's Photo Studio Portrait Studio

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
-87.6656506
Latitude
41.7505723

FAQs

What type of property is this?
Mixed-use property - Well-maintained 8-unit mixed-use building with retail and residential units.
Where is this mixed-use property located?
The property is located at 1656 W 79Th St Chicago, IL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: - High-visibility corner location on 79th Street.; - 100% Occupied with a steady rental base.; - Eight-unit mixed-use building (1 retail, 7 residential).
More about this property
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