8-Unit Mixed-Use
New
For Sale
$399,000
509-511 E 79th St, Chicago, IL 60619
Two storefronts accompany seven rented residential units in a B3-2-zoned building.
Property SizeContact for details
Days on Market2
Property Features for 509-511 E 79th St
General Information
Standard status
Active
Occupancy
88%
Property Condition
Severity
Repairs Needed
Evidence
needs some work
Additional Details
Multifamily Units
8
Building Details
Year Built
1923
Listing Agency:
Century 21 S.G.R., Inc.
Listed By:
Jessica Hayes · License #475213124
(872) 366-2320
Source:
Amyboston.realtopiare
Added: Sep 1
Last Checked: Sep 1 at 3:57PM
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 Century 21 S.G.R., Inc.
Investment Insights
Based on property information with market context.
This mixed-use property contains 8 residential units and 2 commercial storefronts within a building constructed in 1923. Seven residential units are currently rented, while the storefront component provides dedicated commercial space at the property. The building requires work and is being offered in as-is condition.
Located at 509-511 E 79th Street in Chicago, the property is zoned B3-2. Its configuration combines residential units with street-facing commercial space, creating a single asset with both housing and storefront components.
Located at 509-511 E 79th Street in Chicago, the property is zoned B3-2. Its configuration combines residential units with street-facing commercial space, creating a single asset with both housing and storefront components.
Key Highlights
- 8 residential units, with 7 currently rented
- 2 commercial storefronts included
- B3‑2 zoning
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
87.5%
Occupancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two storefronts accompany seven rented residential units in a B3-2-zoned building.
Where is this mixed-use property located?
The property is located at 509-511 E 79th St Chicago, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 8 residential units, with 7 currently rented; 2 commercial storefronts included; B3‑2 zoning
