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Mixed-Use Building with Apartment

2551 W 79th Street, Chicago, IL 60652

For Sale
New
$215,000

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.06 Acres
Days on Market1

Property Features for 2551 W 79th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Western and 79th West to address
Subdivision CHI - Ashburn
Standard status Active
APN 19362030160000
Lot size 0.06 Acres

Additional Details

Mixed-Use Components commercial, residential

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2827

Building Details

Year built 1966
Floors in Building 2
Number of units 2
Building materials Brick
Roof type Tar/Gravel
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Jamie Lemmons-Svoboda · License IL #475162394
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 12807732

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.

Rey
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Investment Insights

Based on property information with market context.

The 1966 brick building contains two commercial spaces, each with a restroom, and an upstairs apartment with two bedrooms, one bathroom, and a living room. The property occupies 0.062 acres and has four parking spaces at the rear. The building requires a gut renovation and is offered as-is.

Zoning is designated COMMR. The roof is tar and gravel.

Key Highlights

  • Two commercial spaces, each with its own restroom
  • Upstairs apartment with 2 bedrooms, 1 bathroom, and a living room
  • Four rear parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 42%
Dollar Tree Shops & Services
18,914 visits/mo 0.3 miles
McDonald's Dining
18,388 visits/mo 0.3 miles
Dunkin' Donuts Dining
9,303 visits/mo 0.3 miles
Marathon Shops & Services
8,354 visits/mo 0.3 miles
Taco Bell Dining
7,545 visits/mo 0.3 miles

Demographics for 60652, IL

40,898
Population
13,709
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
4.8 sq mi
ZIP Area
8,520
Density / Sq Mi
$78,559
Median Household Income
$36,488
Median Earnings
$1,208
Median Rent
$235,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Chicago, IL

$342 Jul
$241 Aug
$205 Sep
$203 Oct

Properties on Market for Mixed-use properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial suites occupy the lower level, with a separate residence upstairs.
Where is this mixed-use property located?
The property is located at 2551 W 79th Street 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: Two commercial spaces, each with its own restroom; Upstairs apartment with 2 bedrooms, 1 bathroom, and a living room; Four rear parking spaces
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