Mixed-Use Retail and
For Sale
$725,000
Pending
431 East 79th Street, Chicago, IL 60619
Two adjacent buildings offer street-level storefronts with apartments above, totaling 11 residential units.
Property Size7,158 SF
Days on Market152
Property Features for 431 East 79th Street
General Information
Standard status
Pending
Size
7,158 SF
Additional Details
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$21,086
Building Details
Year Built
1926
Stories
3
Tenancy
Multi
Listing Agency:
eXp Realty
(773) 510-7584
Listed By:
Edgar Zelaya · License #475159638
(773) 510-7584
Source:
Compass
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 5 at 12:10PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This mixed-use investment opportunity features two adjacent buildings sold together, providing 2 street-level commercial storefronts and 11 total residential units. The 431 E 79th St building includes two fully leased retail spaces with three apartments above. The adjoining 7909 S Vernon property offers six residential units with separate living and dining rooms plus additional bonus rooms that may support office or flex use.
The properties are configured as a combined income-producing package with approximately $126,600 in current annual gross income. The buildings total approximately 13,205 square feet of improvements. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, supporting predictable utility and heating responsibilities.
Both buildings are offered as a single investment package and are positioned along a major commercial corridor with storefront frontage and residential units above.
The properties are configured as a combined income-producing package with approximately $126,600 in current annual gross income. The buildings total approximately 13,205 square feet of improvements. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, supporting predictable utility and heating responsibilities.
Both buildings are offered as a single investment package and are positioned along a major commercial corridor with storefront frontage and residential units above.
Key Highlights
- Two adjacent mixed‑use buildings sold together (431 E 79th St and 7909 S Vernon Ave) on a busy 79th Street commercial corridor
- Total of 11 residential units plus 2 street‑level commercial storefronts across both buildings
- Approximately $126,600 in current annual gross income from the fully leased retail spaces and residential units
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,556
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two adjacent buildings offer street-level storefronts with apartments above, totaling 11 residential units.
Where is this apartment building located?
The property is located at 431 East 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: Two adjacent mixed‑use buildings sold together (431 E 79th St and 7909 S Vernon Ave) on a busy 79th Street commercial corridor; Total of 11 residential units plus 2 street‑level commercial storefronts across both buildings; Approximately $126,600 in current annual gross income from the fully leased retail spaces and residential units
