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Mixed-Use Building with Storefront
For Sale
$259,900

2911 E 79th Street, Chicago, IL 60649

The renovated ground-floor commercial space sits below a two-bedroom apartment that needs interior renovation.

Property SizeContact for details
Days on Market26

Property Features for 2911 E 79th Street

General Information

Standard status Active
Property subtype Commercial

Property Condition

Severity Major Repairs Needed
Evidence gutted

Site & Location

Neighborhood South Shore
Road Access Yes
Mixed-Use Components commercial, residential

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,371

Building Details

Year Built 1918
Buildings 1
Stories 2
Units 2
Listing Agency: Keller Williams Preferred Realty
Listed By: Tysheka Pearson
Source: Fishmangroup
Added: Oct 2 Changed: Oct 25 Last Checked: Oct 26 at 3:39AM

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 Keller Williams Preferred Realty

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Investment Insights

Based on property information with market context.

Built in 1918, this mixed-use property combines ground-floor commercial space with a second-floor residence. The commercial area has been remodeled, while the apartment is gutted and requires renovation. Its layout includes two bedrooms, one bathroom, and a loft extending into the attic. Existing HVAC ductwork and electrical components remain in place.

The property is on E. 79th Street in an established commercial corridor and is being sold as-is.

Key Highlights

  • Remodeled commercial space on the ground floor
  • Upper‑level residence has 2 bedrooms, 1 bathroom, and a loft extending into the attic
  • Residential interior is gutted and requires renovation; HVAC ductwork and electrical remain intact

Property Analytics

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Current Use

Urban Luxe Cafe Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Cafe & Coffee Shop Food Market

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Groceries 25% Dining 17% Home Improvements & Furnishings 5%
Save-A-Lot Groceries
7,240 visits/mo 0.4 miles
Family Dollar Shops & Services
5,252 visits/mo 0.2 miles
Dollar General Shops & Services
5,093 visits/mo 0.2 miles
Little Caesars Pizza Dining
3,504 visits/mo 0.1 miles
Citgo Shops & Services
2,529 visits/mo 0.5 miles

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
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Market

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 - The renovated ground-floor commercial space sits below a two-bedroom apartment that needs interior renovation.
Where is this mixed-use property located?
The property is located at 2911 E 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Remodeled commercial space on the ground floor; Upper‑level residence has 2 bedrooms, 1 bathroom, and a loft extending into the attic; Residential interior is gutted and requires renovation; HVAC ductwork and electrical remain intact
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