Mixed-Use Building with
New
For Sale
$399,000
509-511 E 79th Street, Chicago, IL 60619
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.14 Acres
Days on Market1
Property Features for 509-511 E 79th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
east/west on 79th St to property.
Subdivision
CHI - Chatham
Standard status
Active
APN
20342020020000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
18074
Utilities
Utilities
Water Available
Cooling system
Window Unit(s)
Building Details
Year built
1923
Floors in Building
2
Number of units
10
Flooring type
Wood
Building materials
Brick
Roof type
Composition
Listing Agency:
Century 21 S.G.R., Inc. · Century 21 Real Estate
(312) 326-2121
Listed By:
Jessica Hayes · License #475213124
(312) 326-2121
Added: Aug 20
Last Checked: Aug 20 at 7:06PM
MLS# 12737167
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.
Investment Insights
Based on property information with market context.
This mixed-use property in Chicago includes 8 residential units and 2 commercial storefronts. Seven residential units are currently rented, while the building is offered in as-is condition and requires work. The property was built in 1923 with brick construction, wood flooring, window-unit cooling, a composition roof, and water available.
Situated at 509-511 E 79th Street in Chicago, the property occupies 0.143 acres in Cook County. The storefront configuration provides commercial space at street level alongside the residential component, creating a combined asset for an owner seeking both operating uses in one building.
Situated at 509-511 E 79th Street in Chicago, the property occupies 0.143 acres in Cook County. The storefront configuration provides commercial space at street level alongside the residential component, creating a combined asset for an owner seeking both operating uses in one building.
Key Highlights
- 8 residential units plus 2 commercial storefronts
- 7 of 8 residential units currently rented
- 1923 construction with brick exterior
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 - Brick income property combining residential occupancy with street-level commercial space and value-add renovation potential.
Where is this mixed-use property located?
The property is located at 509-511 E 79th Street 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 plus 2 commercial storefronts; 7 of 8 residential units currently rented; 1923 construction with brick exterior
