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$ 449,900
Est. payment /mo
New
735 W 79th ST Chicago, IL 60620
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12778655
Year Built 1927
Annual Tax Amount $819
Tax Year 2025
Lot Dimensions 30 x 125
Property Sub-Type Mixed Use
Property 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!
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Herbert Gonzalez of Herbert A Gonzalez DMB