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2032 E 79th StreetChicago, IL 60649

Cook County

$255,000List price
1923Year built
2Stories
3 months agoOn market

Description

Located along the rapidly re-emerging 79th Street Corridor in HIGHLY SOUGHT-AFTER SOUTH SHORE, this MIXED-USE investment opportunity offers tremendous upside for investors and owner-operators alike. The property features approximately 4,900 SQUARE FEET OF COMMERCIAL STOREFRONT SPACE, two OVERSIZED 3-BEDROOM residential units, and PARKING FOR 5+ VEHICLES. This B3-2 ZONED asset is WELL-POISED for stabilization, repositioning, or long-term REDEVELOPMENT, with potential access to valuable funding resources including TIF, SBIF, CDBG, NMTC, energy efficiency incentives, and other community development programs designed to enhance investment returns. With its PROXIMITY to the OBAMA PRESIDENTIAL CENTER, the emerging QUANTUM CAMPUS DEVELOPMENT, the lakefront, public transportation, and ongoing infrastructure investment, this property offers the flexibility and location investors seek in a growing market. Sold AS-IS, WHERE-IS. Come to one of our Hard Hat walk throughs or schedule your private tour today and discover the potential this strategic acquisition can deliver.

Property Information

Property type
Commercial Sale
Sub-type
Mixed Use
Year built
1923
Stories
2
Lot size
14,400 Sq Ft
Lot dimensions
120x124
Zoning
COMMR
Days on market
98
MLS® Listing#
12681697

Property Features

Cooling
None

Financial Details

Annual taxes
$10,012Tax year 2024
Parcel number
20254250240000

Directions

East/West on 79th to Chappel, located on north east corner

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Listing Courtesy: EXIT Strategy Realty - tim@enzigroup.com

Based on information submitted to the MLS GRID as of 2026-06-18. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-06-18

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Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
8462 S Commercial Avenue, Chicago, IL$249,000——2,412
2544 E 83rd Street, Chicago, IL$275,000——4,920
1742 E 87th Street, Chicago, IL$250,000——3,053
8659 S Kingston Avenue, Chicago, IL$225,000———