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$200,000
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Property Description
CALLING ALL INVESTORS LOOKING FOR INSTANT INCOME, NO REPAIRS NEEDED, JUST PURCHASE AND WATCH YOUR MONEY GROW. 2ND FLOOR APARTMENT HAS A BRIGHT KITCHEN WITH SS APPLIANCES, GRANITE COUNTERTOPS & BROWN CABINETRY, SPACIOUS LIVING & SEPARATE DINING ROOMS AND PLENTY OF STORAGE SPACE. PROPERTY IS CONVENIENTLY LOCATED NEAR PUBLIC TRANSPORTATION, SHOPPING CENTERS AND EATERIES. THE FULLY OCCUPIED BEAUTY SHOP ON THE FIRST FLOOR, ALONG WITH THE 2ND FLOOR APARTMENT, PROVIDES STEADY RENTAL INCOME AND MAKES THIS TWO FLAT BRICK A GREAT INVESTMENT OPPORTUNITY. KEY FEATURES: - Long term, reliable tenants - Storefront Beauty Shop on the first floor - Spacious 3 bedroom, 1 bathroom apartment on the second floor - Hardwood floors throughout the 2nd floor unit - Large living and seperate dining room - Bright, spacious kitchen - Plenty of storage space in basement - Convenient location - Great investment opportunity - steady rental income - Separate furnaces and 1 central air units - Fenced backyard with 2 car garage Don't miss out on this excellent opportunity to invest in an income generating property. Contact us today for more information or to schedule a viewing!
Full Property Details
Full Property Details for 1651 W 79th St
General
- Price: $200,000
- Taxes: $2,742 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12509475
- Updated: 1/1/2026
- Added to Site: 74 day(s) ago
Interior
- Flooring: Wood
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Township: Lake
- Driving Directions: ASHLAND TO 79TH STREET EAST TO ADDRESS 1651
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Wood
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 3,048
- Lot Dimensions: 3125
- Zoning: OTHER
Financial Considerations
- Insurance Fee: $1,500
- Operating Expenses: $5,742
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1924
- Tax Amount: $2,742.88
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20312060030000
Listed by EXIT Strategy Realty
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Schools
Schools serving 1651 W 79th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Joplin Elementary School 7931 South Honore Street, Chicago, IL 60620 | K-8 | 0.2 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 3.3 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 1651 W 79th St
Date
Details
Price
Change
Source
12/27/2025
Price Reduced
$200,000
-6.98%
MLS
12/01/2025
Price Reduced
$215,000
-8.51%
MLS
11/03/2025
Listed
$235,000
197.47%
MLS
4/12/2001
Sold
$79,000
—
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 1651 W 79th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,743
3%
$13,000
—
2022
$2,674
2%
$13,000
—
2021
$2,614
20%
$13,000
33%
2020
$2,182
-2%
$9,796
-12%
2019
$2,237
66%
$11,132
63%
2018
$1,346
-63%
$6,816
-59%
2017
$3,607
75%
$16,755
40%
2016
$2,058
-21%
$11,947
-29%
2015
$2,590
10%
$16,755
10%
2014
$2,356
2%
$15,269
—
2013
$2,299
17%
$15,269
—
2012
$1,972
—
$15,269
—
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 1651 W 79th St
1651 W 79th Street, Chicago, IL 60620 (MLS# 12509475) is a Commercial property. 1651 W 79th Street is currently listed for $200,000 and was received on November 03, 2025. Want to learn more about 1651 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.

