431 E 79th Street, Chicago, IL 60619

Building Details

Year built

1926

Floors in Building

3

Number of units

11

Building materials

Brick

Listing agent Edgar Zelaya License #475159638 Show Phone

Listing office eXp Realty i***@expreatly.net 10 N Martingale Rd Ste 400, Chicago, IL Show Phone

Listing date Mar 25, 2026

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MLS# 12601793

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.

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Overview

This is an 11-unit investment opportunity located in Chicago's Chatham neighborhood on the 79th Street commercial corridor. The property features 11 units, each with separate living and dining rooms, plus additional bonus rooms suitable for office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants are responsible for their own electricity and cooking gas, while the owner provides boiler heat. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. The lot size is 0.1643 acres. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.

Suggested Use

Law Firm Kitchen & Bath Showroom Gym & Fitness Center Skin Care Clinic Nursing Home Acupuncture (Bike/Boat/Book/etc) Store Dental Office Tech Support Center Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.613544

Latitude

41.750978

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FAQs

What type of property is this?

Apartment building - Chicago's Chatham neighborhood: 11 units, stable income, upside potential.

Where is this apartment building located?

The property is located at 431 E 79th Street Chicago, IL.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: 11‑unit investment property on the 79th Street commercial corridor in Chicago’s Chatham neighborhood; Brick construction; built in 1926; Approx. 13,205 SF total improvements