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1358 W 79th Street Chicago, IL 60620 • Commercial - Business • New

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  • 1358 W 79th Street , Chicago, IL 60620 Main Photo

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Description

EXCELLENT INVESTMENT OPPORTUNITY! OWN 3,000 square feet of versatile commercial and residential space in a high-visibility location just steps from the bustling 79th Street corridor, between Racine and Ashland. This property offers excellent potential for business owners, investors, or those seeking a combination of commercial space and rental income. The building features two separate units and a full unfinished basement. The first-floor open layout of commercial space is a blank canvas, offering endless possibilities for a variety of business ventures, including professional offices, service-based businesses, retail, or other commercial uses. The first floor also includes a private owner/manager's office. The second floor features a renovated apartment with a spacious living room, separate dining room, two bedrooms, one full bathroom, and an enclosed finished rear porch, an attractive feature for potential tenants. Additional highlights include a full unfinished basement, a deep brick two-car garage, separate utilities for the first-floor commercial space and basement versus the second-floor apartment, and rear parking for owners. Convenient street parking and easy commuting access add to the property's appeal. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking the perfect location for your business, this property offers outstanding potential in a well-traveled commercial corridor. PRICED TO SELL! Don't miss this opportunity to bring your vision to life!

Property Highlights

Property Type: Commercial - Business
Building Description: 3.0 stories
Year Built: 1916

General Information

County: Cook
Listed By:
Real People Realty 815-469-7449
MRED MLS
$187,900
Est. $1,349/mo
New to the Market New
SQUARE FEET3,000 MLS#12798688
STATUSNew PROPERTY TYPECommercial - Business

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1358 W 79th Street , Chicago, IL 60620.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $187,900$187,900$187,900
Down Payment $37,580$6,577$46,975
Monthly Mortgage Amount $988$1,212$1,208
Taxes $261$261$261
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$83$0
Monthly Estimated Total $1,349$1,656$1,569

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