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$599,000
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Property Description
+/-6,072sf freestanding building on a 12,300sf site located in Chicago's Chatham community. On site parking for approximately 15 cars. The property is currently gutted and is a raw shell with brickwalls providing a blank canvas for redevelopment or a custom build-out. Situated along 79th Street, a major commercial corridor connecting Lake Michigan to Chicago's southwest suburbs, the area features a mix of retail, mixed-use buildings, shopping centers, and multifamily residences with strong traffic and neighborhood demand. Ideal opportunity for redevelopment, retail office or owner-user.
Full Property Details
Full Property Details for 327 E 79th St
General
- Price: $599,000
- Taxes: $35,967 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12595621
- Updated: 3/24/2026
- Added to Site: 17 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: 79th St to Calumet Ave.
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 6,072
- Current Bldg. Use: Commercial
- Year Built: 1960
Lot Features
- Lot Size (Sq. Ft.): 12,300
- Lot Dimensions: 82 x 150
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1960
- Tax Amount: $35,967.45
- Tax Year: 2024
Disclosures and Reports
- Property ID: 20341040370000
Listed by Network Property Managment LLC
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Schools
Schools serving 327 E 79th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ruggles Elementary School 7831 South Prairie Avenue, Chicago, IL 60619 | K-8 | 0.1 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 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 327 E 79th St
Date
Details
Price
Change
Source
3/18/2026
Listed
$599,000
84.31%
MLS
9/13/2022
Sold
$325,000
—
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 327 E 79th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,330
3%
$47,171
—
2022
$11,925
-33%
$47,171
-34%
2021
$17,931
16%
$72,009
26%
2020
$15,440
11%
$57,281
—
2019
$13,895
1%
$57,281
—
2018
$13,711
40%
$57,281
50%
2017
$9,803
7%
$38,260
—
2016
$9,157
8%
$38,260
—
2015
$8,475
-8%
$38,260
-6%
2014
$9,183
2%
$40,866
—
2013
$9,000
-9%
$40,866
-11%
2012
$9,853
—
$45,835
—
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 327 E 79th St
327 E 79th Street, Chicago, IL 60619 (MLS# 12595621) is a Commercial property. 327 E 79th Street is currently listed for $599,000 and was received on March 18, 2026. Want to learn more about 327 E 79th Street? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

