431 E 79th StreetChicago, IL 60619
Cook County
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 $110,375 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.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Multi Family
- Year built
- 1926
- Stories
- 3
- Building area
- 13,205 Sq Ft
- Lot size
- 0.16 acres
- Lot dimensions
- 50 x 143
- Days on market
- 183
- MLS® Listing#
- 12602864
Property Features
- Cooling
- Central Air · Window Unit(s)
- Construction
- Brick
Financial Details
- Annual taxes
- $21,086Tax year 2024
- Parcel number
- 20342010010000
Directions
79th Street East to Vernon Ave.
Listing Courtesy: eXp Realty - (773) 510-7584
Last Updated: 2026-03-25
