Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12601793MLS Provider

431 E 79th StreetChicago, IL 60619

Commercial · 13,205 Sq. ft.
$725,000 Active

431 E 79th Street Overview

Time on Site:
96 days
Visits:
0

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.

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431 E 79th Street Facts & Features

  • Type Commercial
  • Sq. ft. 13,205
  • Price/Sq.ft. $55

Details

General

Income/Expenses

  • Other Expense: 6520
  • Electric Expense: 565
  • Fuel Expense: 11046
  • Gross Income: 125400
  • Gross Scheduled Income: 125400
  • Insurance Expense: 16905
  • Trash Expense: 1638
  • Water Sewer Expense: 7596

Building Information

  • Year Built: 1926

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Chatham

Rent/Lease Information

  • Tenant Pays: Electricity, Varies by Tenant

Tax Information

  • Tax Annual Amount: $21,085.76
  • Tax Year: 2024

General Information

  • Parcel Number: 20342010010000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 13205

General Information

  • Cooling: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Fireplaces Total: 0
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 50 x 143
  • Lot Size Square Feet: 7158

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 11

431 E 79th Street Neighborhood

Community

60619 (Chicago) Demographics

42
Median Age
10,192
Population Density (per sq. mile)
35%
College Educated
$40,762
Estimated Median Income
12,181
Estimated Total Home Owners
15,093
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

431 E 79th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

431 E 79th Street Market Data

Based on the last 30 days in this zip code

$215,577
Average List Price
$140
Average Price per Square Foot
34
Properties Sold
82
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

431 E 79th Street History

Date Event Value Agent
5/11/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Status Change
Active
5/6/2026Source: MRED Status Change
Re-activated
5/6/2026Source: MRED Status Change
Re-activated
4/29/2026Source: MRED Status Change
Contingent
4/29/2026Source: MRED Status Change
Contingent
3/31/2026Source: MRED Status Change
Active
3/30/2026Source: MRED Status Change
Active
3/26/2026Source: MRED Added to Database
March 26, 2026
3/25/2026Source: MRED Added to Database
March 25, 2026