East Chatham Multifamily Investment Opportunity

932-944 E 79th Street, Chicago, IL 60619

View on Map

For Sale

$750,000

18-unit multifamily building in East Chatham, value-add potential.

Type:Multifamily

HighLights

Prime investment opportunity in the East Chatham area with scalable income potential.
Assumable loan at 4.5%.
Large 18‑unit multi‑family building.
Unit mix includes (4) 2bd/2ba, (6) 2bd/1ba, and (2) 1bd/1ba apartments.
Zoned B3‑2 for versatile usage including 6 retail spaces.
Value‑add opportunity through property rehab and leveraging compelling rents.

We can help!

Listing Contact

Phillip Gross

Learn more

For Sale

$750,000

18-unit multifamily building in East Chatham, value-add potential.

Type:Multifamily

Added:: Feb 25, 2026
Days on Market:: 105
Last Refresh:: Feb 25 at 8:38 pm

Property Features for 932-944 E 79th Street

General Information

Standard status: Active
Property subtype: Multifamily

Building Details

Year Built: 1926

We can help!

Listing Contact

Phillip Gross

Listing agent Phillip Gross License #475178997

Listing office

Listing date Feb 25, 2026

Source 33realty

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 Phillip Gross

HighLights

Prime investment opportunity in the East Chatham area with scalable income potential.
Assumable loan at 4.5%.
Large 18‑unit multi‑family building.
Unit mix includes (4) 2bd/2ba, (6) 2bd/1ba, and (2) 1bd/1ba apartments.
Zoned B3‑2 for versatile usage including 6 retail spaces.
Value‑add opportunity through property rehab and leveraging compelling rents.

Overview

This 18-unit multi-family building in the East Chatham area presents an investment opportunity for a value-add owner. The property is positioned for future growth and scalable income potential, allowing investors to capitalize on property rehabilitation and leverage rents. The unit mix includes four 2-bedroom/2-bathroom units, six 2-bedroom/1-bathroom units, two 1-bedroom/1-bathroom units, and six retail spaces. Zoned B3-2, the property allows for versatile usage. The property is located just east of the Chatham neighborhood, providing access to various amenities. An assumable loan at 4.5% is available.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6013402
Latitude: 41.7514884

Nearby Similar for Sale

$1,300,000

6,400 SF

Renovated Chicago Industrial Flex Warehouse

6,400 SF renovated industrial flex warehouse in Chicago for sale.

3146 W Chicago Avenue, Chicago, IL 60622

View Details
$749,000

3,700 SF

West Town Corner Retail Space

New construction retail space in booming West Town neighborhood.

1445 W Chicago Avenue, Chicago, IL 60642

View Details
$949,000

4,055 SF

Turnkey Restaurant Venue with PPA License

Fully renovated restaurant with licenses and uncommitted VGT potential.

7455 W Irving Park Road, Chicago, IL 60634

View Details
$949,000

4,055 SF

Turnkey Restaurant Venue with PPA License

Fully renovated restaurant with licenses and VGT potential in Chicago.

7455 W Irving Park Road, Chicago, IL 60634

View Details
$949,000

4,055 SF

Turnkey Restaurant Venue with Licenses

Fully renovated restaurant with licenses and residential unit for sale.

7455 W Irving Park Road, Chicago, IL 60634

View Details
$649,000

2,176 SF

Turnkey Restaurant Opportunity in Chicago

Below-market lease in East Lakeview, fully equipped restaurant with assets.

420 W Belmont Avenue, Chicago, IL 60657

View Details
$759,000

5,000 SF

Prime Retail Space in Chicago

Commercial property in a high-traffic retail district.

4411 N Kedzie Avenue, Chicago, IL 60625

View Details
$1,295,000

9,744 SF

Chicago Office Building with Parking

Two-story office building in Chicago's Clearing neighborhood.

6350 W 63rd Street, Chicago, IL 60638

View Details
$459,000

3,000 SF

Chicago Commercial Buildings For Sale

Three commercial buildings in a busy Chicago neighborhood retail location.

1753-1759 W 79th Street, Chicago, IL 60620

View Details
$2,379,100

10,000 SF

Chicago Commercial Space for Sale

Versatile commercial property in a prime Chicago location.

1612-16 N Throop Street, Chicago, IL 60642

View Details
$625,000

4,593 SF

Fulton River District Commercial Loft

Classic timber loft in Fulton River District, Chicago.

566 W Lake Street, Chicago, IL 60661

View Details
$549,900

2,806 SF

Wicker Park Corner Retail Building

2,806 SF retail building in prime Wicker Park location.

2357 W North Avenue, Chicago, IL 60647

View Details

For sale
Apartment buildings
IL
Chicago
60619
932-944 E 79th Street

What type of property is this?

Apartment building - 18-unit multifamily building in East Chatham, value-add potential.

Where is this apartment building located?

The property is located at 932-944 E 79th Street Chicago, IL.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Prime investment opportunity in the East Chatham area with scalable income potential.; Assumable loan at 4.5%.; Large 18‑unit multi‑family building.