505 W 79th Street, Chicago, IL, 60620

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$420,000
269 Days Online

505 W 79th Street
Chicago, IL 60620

For Sale|Multi-Family|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty 708-460-4900
Call Now: 877 582 4399
Is this the home for you? We can help make it yours.
877 582 4399
505 W 79th Street505 W 79th Street505 W 79th Street505 W 79th Street
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Welcome to this exceptional investment opportunity in the heart of vibrant and bustling Auburn Gresham. This multi-unit building boasts tremendous potential with six apartments, three spacious storefronts, and a full basement, offering an array of possibilities for savvy investors or entrepreneurs looking to capitalize on the area's growth. The building features six apartments, each with its own unique layout and potential. With a mix of 1 and 2 unit sizes, there is an opportunity to cater to a diverse tenant base, maximizing rental income potential once renovated. The apartments are situated on a highly visible corner, the three storefronts offer excellent exposure and foot traffic. Imagine the possibilities for retail shops, cafes, restaurants, or even office spaces, attracting patrons from both local residents and passersby. The expansive full basement presents a blank canvas for additional storage, utility space, or even the potential to create additional usable areas, further enhancing the property's value. Nestled in a sought-after area, this property benefits from its strategic corner location, ensuring high visibility and easy accessibility for both tenants and customers. The neighborhood's dynamic atmosphere and diverse amenities make it a prime destination for businesses and residents alike. Bring your imagination and expertise to transform this diamond in the rough into a gem that will surely yield significant rewards. Schedule a showing today and seize this remarkable opportunity!

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Listing Snapshot
Price 
$420,000
Days Online 
269 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,300 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1889
MLS® Number 
11848194
Status 
Active
Property Tax 
$11,124
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoPrice changed to $420,000
7 months agoStatus changed to Active Under Contract
9 months agoListing first seen online
General Features
Construction 
Brick
Electric 
Circuit Breakers
Number of Stories 
3
Number Of Stories 
3
Interior Features
Cooling 
None
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Chatham
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty 708-460-4900



Based on information submitted to the MLS GRID as of 2024-04-27 12:25 AM UTC. 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.
Data last updated: 2024-04-27 12:25 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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