Mixed-Use Building in South
2032 E 79th Street, Chicago, IL 60649
Mixed-use building with commercial storefront and residential units.
Type:Mixed Use
Property size:
4,900 SFPrice / SF:
$56/SF- Added:
- Mar 4, 2026
- Days on Market:
- 73
- Last Refresh:
- Mar 16 at 3:01 pm
Property Features for 2032 E 79th Street
General Information
- Standard status
- Active
- Size
- 4,900 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1923
Listing agent Timothy Miller
Listing office Exit Strategy Realty
Listing date Mar 4, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Exit Strategy Realty
HighLights
- Strong income potential in highly sought‑after South Shore location.
- Approximately 4,900 sq ft of commercial storefront space.
- Two oversized 3‑bedroom residential units.
- Rear parking for 5+ vehicles.
- Proximity to the Obama Presidential Center and lakefront access.
- B3‑2 zoning allows for flexible commercial and residential use.
Overview
Located along the re-emerging 79th Street corridor in South Shore, this mixed-use building offers income potential for investors. The property includes approximately 4,900 square feet of commercial storefront, two oversized three-bedroom residential units, and rear parking for five or more vehicles. With flexible zoning and corridor visibility, this asset is well-positioned for repositioning, stabilization, or long-term redevelopment and has the ability to leverage public and community-based funding tools that can significantly enhance returns. Programs that exist can help like: TIF (Tax Increment Financing), Community Development Grants, Small Business Improvement Programs (SBIF) Community Development Block Grant (CDBG) Funding Energy Efficiency and Sustainability Programs ComEd rebates, state energy grants, and federal tax reduction programs for upgrading to efficient HVAC, lighting, or building Workforce and Job Creation Funding programs New Markets Tax Credits (NMTC). With its proximity to the Obama Presidential Center, lakefront access, strong residential density, and infrastructure investment this B3-2 zoned parcel has the flexibility to combine commercial and residential uses. Sold as-is, where-is, this is a strategic acquisition for investors and owner-operators who understand how to align private capital with public funding.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
B & J Group ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5745526
- Latitude
- 41.7518936
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with commercial storefront and residential units.
Where is this mixed-use property located?
The property is located at 2032 E 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Strong income potential in highly sought‑after South Shore location.; Approximately 4,900 sq ft of commercial storefront space.; Two oversized 3‑bedroom residential units.
