East Chatham Multifamily Investment
For Sale
$750,000
932-944 E 79th Street, Chicago, IL 60619
18-unit multifamily building in East Chatham, value-add potential.
Property Size17,450 SF
Days on Market209
Property Features for 932-944 E 79th Street
General Information
Standard status
Active
Size
17,450 SF
Property subtype
Multifamily
Building Details
Building Size
17,450 SF
Year Built
1926
Listing Agency:
33 Realty
Listed By:
Phillip Gross
(312) 351-1111
Source:
33realty
Added: Feb 25
Changed: Sep 2
Last Checked: Sep 21 at 4:02AM
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
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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,279
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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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.
