1640 W 79th Street
Chicago, IL, 60620
$800,000
Beds
0 Baths
0 SqFt
0 Acres
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$800,000
1640 W 79th Street
Chicago, IL, 60620
MLS #MRD12544902 image #0MLS #MRD12544902 image #1MLS #MRD12544902 image #2MLS #MRD12544902 image #3MLS #MRD12544902 image #4MLS #MRD12544902 image #5MLS #MRD12544902 image #6MLS #MRD12544902 image #7MLS #MRD12544902 image #8MLS #MRD12544902 image #9MLS #MRD12544902 image #10
Value Add Newer 9 Unit Strip Center in Auburn Gresham community. Located on 79th street, just 1 block west of high traffic intersection of 79th and Ashland. This is tremendous value add opportunity to acquire 8,194 sf strip center for under $100/sf. Well below replacement cost! Proper management and leasing can turn this property around quickly. Property was build for $1,400,000 and appraised for $2,000,000.

Property Details

Price:
$800,000
MLS #:
MRD12544902
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Shopping Center
Neighborhood:
chiauburngresham
Listed Date:
Jan 12, 2026
Total Sq Ft:
8,200
Year Built:
2008
Chi – Auburn GreshamChiauburngresham

Schools

Interior

Cooling
Central Air

Exterior

Stories
1

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$86,340
Tax Year
2024
Taxes
$28,139
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 12, 2026
891
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Avg DOM
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Avg List Price

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Property Summary

    1640 W 79th Street Chicago IL is a Commercial for sale in Chicago, IL, 60620. It is listed for $800,000 To schedule a showing of MLS#mrd12544902 at 1640 W 79th Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1640 W 79th Street
Chicago, IL