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$525,000 Just Listed
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Property Description
Calling all Savvy Investors, This 9-unit brick multifamily investment opportunity offering strong value and owner-occupant potential. The building features a desirable mix, including three store-fronts, two 2-bedroom units, two 3-bedroom units, and one 4-bedroom unit, totaling 14 bedrooms and 8 bathrooms One apartment unit is currently vacant, providing immediate flexibility for an owner-occupant or investor seeking an investment in a strong rental market. All 3 store front units are vacant.The property has a full unfinished basement. Whether you are an investor or an owner-occupant, this property presents multiple pathways to value creation.
Full Property Details
Full Property Details for 1535 W 79th St
General
- Price: $525,000
- Taxes: $17,959 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12728758
- Updated: 8/13/2026
- Added to Site: 4 day(s) ago
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Township: South Chicago
- Driving Directions: Take Dan Ryan to 79th, make a right & head west on 79th to Justine
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Trash: 1752
Structural Information
- Stories/Levels: 2
- # of Stores: 2
- Year Built: 1919
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 8,600
- Lot Dimensions: 49 x 107
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $7,200
- Assessment Year: 1919
- Tax Amount: $17,959
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 2354
- Pays Trash: 1752
Disclosures and Reports
- Property ID: 20321000200000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 1535 W 79th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cook Elementary School, Chicago, IL 8150 South Bishop Street, Chicago, IL 60620 | PK-8 | 0.3 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1535 W 79th St
Date
Details
Price
Change
Source
8/13/2026
Listed
$525,000
89.53%
MLS
6/18/2004
Sold
$277,000
—
Public Record
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
Tax History for 1535 W 79th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,122
—
$70,700
-1%
2023
$15,122
-17%
$71,670
—
2022
$18,197
1%
$71,670
—
2021
$18,034
51%
$71,670
67%
2020
$11,910
12%
$43,013
—
2019
$10,675
—
$43,013
—
2018
$10,666
-4%
$43,013
4%
2017
$11,077
7%
$41,427
—
2016
$10,338
7%
$41,427
—
2015
$9,707
—
$41,427
—
2014
$9,738
3%
$41,427
—
2013
$9,464
1%
$41,427
—
2012
$9,363
—
$41,427
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1535 W 79th St
1535 W 79th Street, Chicago, IL 60620 (MLS# 12728758) is a Commercial property. 1535 W 79th Street is currently listed for $525,000 and was received on August 13, 2026. This property is listed by Tennille Ford from our Oak Lawn Office.Want to learn more about 1535 W 79th Street? Do you have questions about finding other Commercial 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.


