Listing provided courtesy of EXIT Strategy RealtyMREDas Distributed by MLSGrid- MLS# 12681697
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Request Info2032 E 79th StreetChicago, IL 60649
Commercial$255,000
Active
2032 E 79th Street Overview
- Time on Site:
- 12 days
- Visits:
- 1
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.
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2032 E 79th Street Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 140
- Fuel Expense: 150
- Gross Income: 1000
- Gross Scheduled Income: 12000
- Insurance Expense: 300
- Trash Expense: 100
- Water Sewer Expense: 200
Building Information
- Year Built: 1923
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Shore
Tax Information
- Tax Annual Amount: $10,011.78
- Tax Year: 2024
General Information
- Parcel Number: 20254250240000
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
General Information
- Cooling: None
- Electric: Circuit Breakers, Service - 201 to 600 Amps
- Stories: 2
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 120x124
- Lot Size Square Feet: 14400
General Information
- Number Of Units Total: 5
2032 E 79th Street Neighborhood
Community
60649 (CHICAGO) Demographics
38
Median Age
11,999
Population Density (per sq. mile)
35%
College Educated
$36,130
Estimated Median Income
5,387
Estimated Total Home Owners
16,947
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.2032 E 79th Street Monthly Cost
2032 E 79th Street Market Data
Based on the last 30 days in this zip code
$194,506
Average List Price
$134
Average Price per Square Foot
12
Properties Sold
66
Average Days on Market
134
Properties for Sale
2032 E 79th Street History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: MRED | Active |
|
| 6/18/2026Source: MRED | June 18, 2026 |