2445 79th St Chicago, IL 60652
Property summary
This exceptional multifamily investment opportunity presents a 3-story, terra cotta yellow brick building located at 2445 E 79th Street in Chicago, Illinois, zip code 60649. Currently configured as eight one-bedroom apartments and three stores, the property offers significant upside potential. The building boasts approximately 750 to 1,000 square feet of space and includes a large brick garage. Priced at $299,000, this property is a complete gut renovation, presenting a blank canvas for the next owner. High ceilings throughout the building add to its appeal. Existing plans for conversion into a living facility are available. The property's location in Cook County provides access to a vibrant community and strong rental market. This is an ideal opportunity for an owner-user seeking to create their dream project or for an investor looking for a high-return, value-add investment. The property's size and layout offer flexibility for a variety of uses, making it a truly unique and promising investment. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is sold as-is.
Property profile
VerifiedCap rate & NOI
Current use
-
Tax Preparation
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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