Active
431 E 79th Street, Chicago, IL
  • $725,000

Description

Rare 11-Unit Investment Opportunity in Chicago’s Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side’s primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.

  • Listing Courtesy of: eXp Realty

Details

Updated on June 28, 2026 at 5:35 am
  • Property ID MRD12602864
  • Price $725,000
  • Land Area 0.16 Acres
  • Year Built 1926
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 20342010010000
  • MLS Status Active
  • Days On Market 95
  • Living Area 0.16
  • Cumulative Days On Market 49
  • Tax Annual Amount 21085.76
  • Cooling Central Air,Window Unit(s)
  • Directions 79th Street East to Vernon Ave.
  • BuildingAreaTotal 13205
  • LotSizeSquareFeet 7158
  • StoriesTotal 3

Address

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  • Address 431 E 79th Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60619
  • Country United States

Overview

Property ID: MRD12602864
  • Multi Family
  • Property Type
  • 1926
  • Year Built

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