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East Chatham Multifamily Investment Opportunity

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

For Sale
$750,000

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

Property Size17,450 SF
Days on Market255

Property Features for 932-944 E 79th Street

General Information

Standard status Active
Size 17,450 SF
Property subtype Multifamily

Site & Location

Neighborhood Grand Crossing

Building Details

Building Size 17,450 SF
Year Built 1926
Listing Agency: 33 Realty
Listed By: Phillip Gross · License #475200524
Source: 33realty
Added: Feb 25 Changed: Nov 5 Last Checked: Nov 6 at 5:49AM

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 33 Realty

Rey
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Investment Insights

Based on property information with market context.

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.

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,279
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

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.
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