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27 Properties Within 0.5 miles of: 431 E 79th, Chicago

431 E 79th
Chicago, IL 60619

  • Built In 1926
Price

$725,000

Est Payment
$5,377 / month (details)  
Taxes
$21,086  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
50 x 143  
Built
1926  
Neighborhood
Chatham  
MLS
#12602864
Status
Active (5 days)

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 Map

Property Details

Utilities

  • Heating
  • Cooling Central Air, Window Unit(s)
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-26-2026 Listed at $725,000
Last Modified 4/1/26 12:05 AM

Nearby Transportation

  • Bus 79 < 0.1 mi
  • Bus 3 0.1 mi
  • Bus 4 0.4 mi
  • Bus 75 0.5 mi
  • Bus 29 0.6 mi
  • Bus 24 0.7 mi
  • Bus 8A 0.7 mi
  • Bus 87 1.0 mi
  • Bus 30 1.0 mi
  • Bus 71 1.0 mi
  • Metra Electric 0.8 mi
  • Red Line 0.6 mi
  • I 94 West 0.6 mi
  • I 94 East 0.6 mi
  • I 90 East 0.9 mi
  • I 90 West 2.2 mi
  • Hwy 57 2.5 mi
  • Hwy 57 2.9 mi
grid
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