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$162,500

  • For Sale
  • Active
  • Store
  • 5,000 Sq. Ft.
See This Home
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We Are Excited To Present This Prime Commercial Property with Endless Potential In The Gresham Area. This single-level brick building, located on a prominent corner lot, offers a fantastic opportunity for investors and entrepreneurs. Formerly a restaurant, the property features an oversized kitchen area and is divided into three distinct spaces, each equipped with ample storage and restroom facilities. While the building requires a full gut rehab, its versatile layout and prime location make it ideal for a variety of business ventures, such as retail, office spaces, or a reimagined dining establishment. Don't miss this chance to transform a well-placed property into a thriving business hub!

Full Property Details for 1423 W 79th St

General

  • Price: $162,500
  • Taxes: $14,795 (2023)
  • Status: Active
  • Type: Store
  • Source: MRED
  • MLS ID: 12423314
  • Updated: 9/19/2025
  • Added to Site: 187 day(s) ago

Interior

  • Interior Features: Public Restroom(s), Storage Inside
  • Flooring: Concrete

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: CHI - Auburn Gresham
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: Dan Ryan expressway to 79th St. W to Address
  • Location Details: Corner, Mixed-Use Area, Park Adjacent

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Sub-Flooring: Concrete
  • Stories/Levels: 1
  • Square Feet: 5,000
  • Year Built: 1924

Lot Features

  • Lot Size (Sq. Ft.): 6,300
  • Lot Dimensions: 60 x 106
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1924
  • Tax Amount: $14,795
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 20321030010000

Listed by Realty of America, LLC

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Listing agents

— 1423 W 79th St —

  • Realty of America, LLC

  • Realty of America, LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1423 W 79th St

School District:Chicago Public School District 299
NameGradesDistance
Cook Elementary School, Chicago, IL
8150 South Bishop Street, Chicago, IL 60620
PK-80.3 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1423 W 79th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/13/2025
Price Reduced
$162,500
-3.85%
MLS
9/03/2025
Price Reduced
$169,000
-3.43%
MLS
7/17/2025
Listed
$175,000
600%
MLS
10/08/2021
Sold
$25,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1423 W 79th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,795
23%
$70,122
47%
2022
$12,073
100%
$47,553
100%
2021
-100%
-100%
2020
$15,506
-11%
$55,999
-21%
2019
$17,506
—
$70,538
—
2018
$17,492
9%
$70,538
18%
2017
$16,032
7%
$59,959
—
2016
$14,962
6%
$59,959
—
2015
$14,050
—
$59,959
—
2014
$14,094
3%
$59,959
—
2013
$13,698
1%
$59,959
—
2012
$13,552
—
$59,959
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Realty of America, LLC

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1423 W 79th Street, Chicago, IL 60620 (MLS# 12423314) is a Store property. 1423 W 79th Street is currently listed for $162,500 and was received on July 17, 2025. Want to learn more about 1423 W 79th Street? Do you have questions about finding other Store real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

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