New Listing
735 W 79th Street,Chicago, IL 60620
Chicago, IL 60620
Description
Prime mixed-use investment opportunity in Auburn Gresham! This solid, versatile building is ideal for investors, restaurant operators, or owner-users looking for a turnkey live/work setup. Turnkey Ground-Floor Restaurant: * Move-in ready commercial space in a high-visibility, pedestrian-friendly B1 Neighborhood Shopping district. * Equipped with a critical fully installed exhaust hood system-saving you massive upfront infrastructure and permitting costs. * Features existing restaurant equipment, updated HVAC, and updated plumbing for an immediate launch. Remodeled Residential Unit & Storage: * Above the business sits a spacious, completely remodeled 3-bedroom, 1-bathroom apartment with modern upgrades throughout. * An unfinished basement provides abundant extra storage or future customization potential. Unbeatable Transit-Oriented Location: * Situated directly on a major transit corridor along the CTA Route 79 bus line (24-hour overnight "Owl" service). * Just 0.5 miles from the 79th Red Line Station for a direct commute to Downtown Chicago and the Loop. * Easy connections to the Halsted (#8/#8A) and Ashland (#9/#X9) lines. * Employees and residents qualify for valuable city and state pre-tax commuter benefits under the Illinois Transit Benefit Program Act. Property is being sold AS IS. Don't miss out on this high-exposure, multi-stream income property!
Details
| MLS # | 12778655 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 4 |
| Listing Provided By | Herbert A Gonzalez DMB | Herbert Gonzalez |
Features
| Story(s) | 2 |
|---|---|
| Units | 2 |
| Zoning | COMMR |
Interior
| Cooling | Central Air |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 819 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60620 |
| Area | CHI Auburn Gresham |
| Listing VS Median (in 60620) | |
Price: $449,900 low | high Med: $235,000 On site: 4 low | high Med: 6 | |
Market Activity 60620
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60620 |
| Area | CHI Auburn Gresham |
| Listing VS Median (in 60620) | |
Price: $449,900 low | high Med: $235,000 On site: 4 low | high Med: 6 | |
