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East Chatham Multifamily Investment Opportunity

932-944 E 79th Street, Chicago, IL 60619

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For Sale

$750,000

18-unit multifamily building in East Chatham, value-add potential.

Type:Multifamily

HighLights

Prime investment opportunity in the East Chatham area with scalable income potential.
Assumable loan at 4.5%.
Large 18‑unit multi‑family building.
Unit mix includes (4) 2bd/2ba, (6) 2bd/1ba, and (2) 1bd/1ba apartments.
Zoned B3‑2 for versatile usage including 6 retail spaces.
Value‑add opportunity through property rehab and leveraging compelling rents.

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Listing Contact

Phillip Gross

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For Sale

$750,000

18-unit multifamily building in East Chatham, value-add potential.

Type:Multifamily

Added:: Feb 25, 2026
Days on Market:: 105
Last Refresh:: Feb 25 at 8:38 pm

Property Features for 932-944 E 79th Street

General Information

Standard status: Active
Property subtype: Multifamily

Building Details

Year Built: 1926

We can help!

Listing Contact

Phillip Gross

Listing agent Phillip Gross License #475178997

Listing office

Listing date Feb 25, 2026

Source 33realty

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

All listing content including descriptions, pricing, images are the copyrighted material of Phillip Gross

HighLights

Prime investment opportunity in the East Chatham area with scalable income potential.
Assumable loan at 4.5%.
Large 18‑unit multi‑family building.
Unit mix includes (4) 2bd/2ba, (6) 2bd/1ba, and (2) 1bd/1ba apartments.
Zoned B3‑2 for versatile usage including 6 retail spaces.
Value‑add opportunity through property rehab and leveraging compelling rents.

Overview

This 18-unit multi-family building in the East Chatham area presents an investment opportunity for a value-add owner. The property is positioned for future growth and scalable income potential, allowing investors to capitalize on property rehabilitation and leverage rents. The unit mix includes four 2-bedroom/2-bathroom units, six 2-bedroom/1-bathroom units, two 1-bedroom/1-bathroom units, and six retail spaces. Zoned B3-2, the property allows for versatile usage. The property is located just east of the Chatham neighborhood, providing access to various amenities. An assumable loan at 4.5% is available.

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6013402
Latitude: 41.7514884

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For sale
Apartment buildings
IL
Chicago
60619
932-944 E 79th Street

What type of property is this?

Apartment building - 18-unit multifamily building in East Chatham, value-add potential.

Where is this apartment building located?

The property is located at 932-944 E 79th Street Chicago, IL.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Prime investment opportunity in the East Chatham area with scalable income potential.; Assumable loan at 4.5%.; Large 18‑unit multi‑family building.