Date
Details
Price
Change
Source
1/12/2026
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$800,000
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1/11
Property Description
Value Add Newer 9 Unit Strip Center in Auburn Gresham community. Located on 79th street, just 1 block west of high traffic intersection of 79th and Ashland. This is tremendous value add opportunity to acquire 8,194 sf strip center for under $100/sf. Well below replacement cost! Proper management and leasing can turn this property around quickly. Property was build for $1,400,000 and appraised for $2,000,000.
Full Property Details
Full Property Details for 1640 W 79th St
General
- Price: $800,000
- Taxes: $28,138 (2024)
- Status: Active
- Type: Retail
- Source: MRED
- MLS ID: 12544902
- Updated: 1/18/2026
- Added to Site: 82 day(s) ago
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: I90/95 Expressway to 79th, West to Property. 1/2 block west of Ashland on 79th.
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Structural Information
- Stories/Levels: 1
- Square Feet: 8,200
- Current Bldg. Use: Commercial
- Year Built: 2008
Lot Features
- Lot Size (Sq. Ft.): 16,610
- Lot Dimensions: 157 x 106
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- Lease Price: $20
- For Sale/Rent/Lease: For Sale or Rent
- Insurance Fee: $3,502
- Assessment Year: 2008
- Tax Amount: $28,138.9
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Roof, Scavenger, Tax Stops, Sewer, Varies by Tenant, All Utilities, Trash Collection
Disclosures and Reports
- Property ID: 20304340360000
Listed by First Western Properties
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— 1640 W 79th St —
First Western Properties
NMLS#: 1598647
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Schools
Schools serving 1640 W 79th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Barton Elementary School, Chicago, IL 7650 South Wolcott Avenue, Chicago, IL 60620 | PK-8 | 0.4 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 3.3 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 1640 W 79th St
Estimate the Cost
Estimate the Cost for 1640 W 79th St
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,625Sq. Ft.
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- Single Family
- Closed
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 3,210Sq. Ft.
1640 W 79th Street, Chicago, IL 60620 (MLS# 12544902) is a Retail property. 1640 W 79th Street is currently listed for $800,000 and was received on January 12, 2026. Want to learn more about 1640 W 79th Street? Do you have questions about finding other Retail 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.