BEDS0
BATHS
SQUARE FEET13,205
MLS#12602864
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Lot Size: 0.16 Acres
Stories: 3.0
Taxes: $21,085
Year Built: 1926
Feature Descriptions
Electric: Circuit Breakers, Service - 0 to 100 Amps
Exterior: Brick
Fire Protection: None
HVAC: Forced Air, Radiators
Lot Dimensions: 50 x 143
Parcel#: 20342010010000
Tenant Pays: Electricity, Varies by Tenant
Units: 11
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agency Phone: 888-574-9405
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,582.08 per month $1,613.54 Principal & Interest $1,757.08 Property Tax $211.46 Homeowner's InsuranceChange Payment Information
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431 E 79th Street | MLS# 12602864
This multi-family property located at 431 E 79th Street, Chicago, IL 60619 is currently listed for sale with an asking price of $725,000. Search Chicago real estate on www.bhhscrosby.com today.