509-511 E 79th Street
Chicago, IL, 60619
$399,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
Add
$399,000
509-511 E 79th Street
Chicago, IL, 60619
MLS #MRD12737167 image #0MLS #MRD12737167 image #1MLS #MRD12737167 image #2MLS #MRD12737167 image #3MLS #MRD12737167 image #4MLS #MRD12737167 image #5MLS #MRD12737167 image #6MLS #MRD12737167 image #7MLS #MRD12737167 image #8MLS #MRD12737167 image #9MLS #MRD12737167 image #10MLS #MRD12737167 image #11MLS #MRD12737167 image #12MLS #MRD12737167 image #13MLS #MRD12737167 image #14MLS #MRD12737167 image #15MLS #MRD12737167 image #16MLS #MRD12737167 image #17MLS #MRD12737167 image #18MLS #MRD12737167 image #19MLS #MRD12737167 image #20MLS #MRD12737167 image #21MLS #MRD12737167 image #22MLS #MRD12737167 image #23MLS #MRD12737167 image #24MLS #MRD12737167 image #25MLS #MRD12737167 image #26MLS #MRD12737167 image #27MLS #MRD12737167 image #28MLS #MRD12737167 image #29MLS #MRD12737167 image #30MLS #MRD12737167 image #31MLS #MRD12737167 image #32MLS #MRD12737167 image #33MLS #MRD12737167 image #34MLS #MRD12737167 image #35MLS #MRD12737167 image #36MLS #MRD12737167 image #37MLS #MRD12737167 image #38MLS #MRD12737167 image #39MLS #MRD12737167 image #40MLS #MRD12737167 image #41
***PRIME 8-UNIT MIXED-USE INVESTMENT OPPORTUNITY WITH 2 STOREFRONTS*** Excellent opportunity to own a high-potential 8-unit mixed-use property featuring 2 commercial storefronts and 8 residential units. 7 of the 8 units are currently rented, providing immediate cash flow with additional upside through rental increases. This property offers strong income stability with long-term tenants in place and clear value-add potential. While the building needs some work, it presents the perfect opportunity for an investor looking to reposition and increase NOI. With strategic updates and management, rents can be brought to market rate to significantly enhance returns. The 2 storefronts offer excellent visibility and foot traffic, positioned next to established businesses, creating consistent exposure and demand. Ideal for Investor or 1031 Exchange Buyer. Whether you are looking to expand your portfolio or secure a mixed-use asset with upside potential, this property checks all the boxes. Serious inquiries only. Proof of funds required. This is an “as-is” sale.

Property Details

Price:
$399,000
MLS #:
MRD12737167
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chichatham
Listed Date:
Aug 20, 2026
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1923
Chi – ChathamChichatham

Schools

Interior

Cooling
Window Unit(s)
Flooring
Wood

Exterior

Construction Materials
Brick
Roof
Composition
Stories
2

Financial

Tax Year
2024
Taxes
$18,074
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Commercial in Chicago as of Sep 03, 2026
923
Commercial Listed
183
Avg DOM
$1,020,871
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12607565broker reciprocity
7719 S Kingston Avenue
Chicago, IL

$500,000

0.4 miles away

broker reciprocity
MLS# MRD12746651broker reciprocity
6618 S Michigan Avenue
Chicago, IL

$499,900

3.8 miles away

broker reciprocity
MLS# MRD12506904broker reciprocity
7935 S Essex Avenue
Chicago, IL

$495,000

1.5 miles away

broker reciprocity
MLS# MRD12722498broker reciprocity
818 W 71st Street
Chicago, IL

$495,000

4.7 miles away

broker reciprocity
MLS# MRD12445217broker reciprocity
5245 W Diversey Avenue
Chicago, IL

$490,000

2.7 miles away

broker reciprocity
MLS# MRD12607540broker reciprocity
7356 S Eberhart Avenue
Chicago, IL

$479,999

3.0 miles away

broker reciprocity
MLS# MRD12544620broker reciprocity
8142-8146 S Maryland Avenue
Chicago, IL

$479,999

2.6 miles away

broker reciprocity
MLS# MRD12641383broker reciprocity
10341 S Avenue F
Chicago, IL

$469,000

3.4 miles away

broker reciprocity
MLS# MRD12576409broker reciprocity
7317 S Union Avenue
Chicago, IL

$465,000

4.5 miles away

Property Summary

    509-511 E 79th Street Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $399,000 To schedule a showing of MLS#mrd12737167 at 509-511 E 79th Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
509-511 E 79th Street
Chicago, IL