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Remodeled Mixed-Use Property
New
For Sale
$399,900

735 W 79th Street, Chicago, IL 60620

Restaurant-ready commercial space is paired with a three-bedroom, one-bath apartment for combined business and residential use.

Property SizeContact for details
Days on Market6

Property Features for 735 W 79th Street

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 1 x 3BR/1BA
Multifamily Units 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,612

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1927
Listing Agency: REALTY OF AMERICA, LLC
Listed By: MARICELA CUEVAS · License #475184186
Source: Corcoran
Added: Sep 15 Changed: Sep 19 Last Checked: Sep 20 at 7:14AM

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 REALTY OF AMERICA, LLC

Investment Insights

Based on property information with market context.

Built in 1927, this mixed-use property includes a fully remodeled commercial unit configured for restaurant operations and a separate three-bedroom, one-bath apartment. The commercial space includes restaurant equipment along with updated HVAC and plumbing, providing a practical base for continued restaurant use or further customization.

The property is located at 735 W 79th Street in Chicago, Illinois. It is offered in its existing condition, with both commercial and residential components included in the sale.

Key Highlights

  • Fully remodeled commercial unit configured for restaurant use
  • Three‑bedroom, one‑bath apartment included
  • Updated HVAC and plumbing in the commercial space

Property Analytics

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Current Use

Mahalia's Gift Shop Department Store Artists on The 9 Artist

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,479
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 76% Shops & Services 24%
McDonald's Dining
32,398 visits/mo 0.4 miles
Burger King Dining
8,045 visits/mo 0.4 miles
Family Dollar Shops & Services
7,122 visits/mo 0.3 miles
AutoZone Shops & Services
2,797 visits/mo 0.3 miles
BP Shops & Services
2,594 visits/mo 0.4 miles

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant-ready commercial space is paired with a three-bedroom, one-bath apartment for combined business and residential use.
Where is this mixed-use property located?
The property is located at 735 W 79th Street Chicago, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Fully remodeled commercial unit configured for restaurant use; Three‑bedroom, one‑bath apartment included; Updated HVAC and plumbing in the commercial space
More about this property
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