Recently Viewed Properties

No photo available

See This Home
Save This Listing
Close

$425,000

  • For Sale
  • Active
  • Commercial

No photo available

Come out and see this 9 unit building, it has 6 apartments (2) 2 bedroom and (4) 1 bedroom 1 bathroom unit and 3 store fronts, the building needs some TLC but has potential. 5 of the 6 units are rented and all store fronts are currently vacant. There is opportunity for additional income from the Clear Channel advertising signs attached to the building.

Full Property Details for 505 W 79th St

General

  • Price: $425,000
  • HOA FEE: $1,500
  • Taxes: $13,124 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12527248
  • Updated: 12/11/2025
  • Added to Site: 47 day(s) ago

Location

  • Area: CHI - Chatham
  • County: Cook
  • Driving Directions: 79th street east or west to Normal

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central Heat/Individual Controls

Utilities

  • Trash: 1800

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 3
  • Year Built: 1889
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 8,250
  • Lot Dimensions: 66 x 125
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $1,500
  • Insurance Fee: $5,500
  • Operating Expenses: $5,500
  • Assessment Year: 1889
  • Tax Amount: $13,124
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Pays Electric: 600
  • Pays Trash: 1800

Disclosures and Reports

  • Property ID: 20331050060000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agent

Meet the listing agent
— 505 W 79th St —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

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!

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 505 W 79th St

School District:Chicago Public School District 299
NameGradesDistance
Westcott Elementary School
409 West 80th Street, Chicago, IL 60620
PK-80.2 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-121.8 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 505 W 79th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Listed
$425,000
52.33%
MLS
4/11/2005
Sold
$279,000
—
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 505 W 79th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,625
-17%
$83,536
—
2022
$21,209
1%
$83,536
—
2021
$21,020
69%
$83,536
86%
2020
$12,420
12%
$44,857
—
2019
$11,133
—
$44,857
—
2018
$11,124
-4%
$44,857
3%
2017
$11,635
7%
$43,516
—
2016
$10,859
6%
$43,516
—
2015
$10,197
—
$43,516
—
2014
$10,229
3%
$43,516
—
2013
$9,942
1%
$43,516
—
2012
$9,835
—
$43,516
—
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.

Estimate the Cost for 505 W 79th St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Similar Properties near 505 W 79th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

8700 S Emerald Ave, Chicago, IL 60620 - Photo 1 Price Reduced
-$24,500 (-5.45%)
$425,000

8700 S Emerald Ave  Chicago, IL 60620

  • Commercial
  • Active
  • Updated 4 days ago
8157 S Chappel Ave, Chicago, IL 60617 - Photo 1
$425,000

8157 S Chappel Ave  Chicago, IL 60617

  • Commercial
  • Active
921 W Van Buren St, Chicago, IL 60607 - Photo 1
$419,900

921 W Van Buren St  #2D  Chicago, IL 60607

  • Commercial
  • Active
  • Updated 6 days ago
7214 S Western Ave, Chicago, IL 60636 - Photo 1
$435,000

7214 S Western Ave  Chicago, IL 60636

  • Commercial
  • Active
  • 3,500
    Sq. Ft.

Just Listed near 505 W 79th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3332 S 59th Ave, Cicero, IL 60804 - Photo 1 Just Listed
$330,000

3332 S 59th Ave  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,187
    Sq. Ft.
1826 S 49th Ct, Cicero, IL 60804 - Photo 1 Just Listed
$459,000
Open House

1826 S 49th Ct  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 2
    Total Baths
  • 1,900
    Sq. Ft.
5113 W 32nd St, Cicero, IL 60804 - Photo 1 Just Listed
$309,900

5113 W 32nd St  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 4 days ago
  • 4
    Total Beds
1820 S Austin Blvd, Cicero, IL 60804 - Photo 1 Just Listed
$310,000

1820 S Austin Blvd  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 8 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,195
    Sq. Ft.

Price Reduced near 505 W 79th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5734 W Cermak Rd, Cicero, IL 60804 - Photo 1 Price Reduced
-$36,000 (-5.26%)
$649,000

5734 W Cermak Rd  Cicero, IL 60804

  • Lots/Land
  • Active
  • Updated 3 days ago
1809 S 49th Ave, Cicero, IL 60804 - Photo 1 Price Reduced
-$10,000 (-3.23%)
$299,900

1809 S 49th Ave  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 1 day ago
  • 3
    Total Beds
1638 S Central Ave, Cicero, IL 60804 - Photo 1 Price Reduced
-$2,000 (-0.73%)
$272,900

1638 S Central Ave  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.
415 S Maple Ave, Oak Park, IL 60302 - Photo 1 Price Reduced
-$10,000 (-3.58%)
$269,000

415 S Maple Ave  #202  Oak Park, IL 60302

  • Condo
  • Active
  • Updated 1 hour ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,425
    Sq. Ft.

Recent Sales near 505 W 79th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7657 S Normal Ave, Chicago, IL 60620 - Photo 1 Sold
$430,000

7657 S Normal Ave  Chicago, IL 60620

  • Single Family
  • Closed
  • 9
    Beds
  • 3
    Total Baths
  • 3,421
    Sq. Ft.
8031 S Harvard Ave, Chicago, IL 60620 - Photo 1 Sold
$379,900

8031 S Harvard Ave  Chicago, IL 60620

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 2,800
    Sq. Ft.
Listed by The Real Estate Room and Cassandra Jennings
517 W 75th St, Chicago, IL 60620 - Photo 1 Sold
$420,000

517 W 75th St  Chicago, IL 60620

  • Multi-Family
  • Closed
  • 8
    Total Beds
[Address not provided], Chicago, IL 60620 - Photo 1 Sold
$479,000

[Address not provided]  Chicago, IL 60620

  • Multi-Family
  • Closed
  • 11
    Total Beds

505 W 79th Street, Chicago, IL 60620 (MLS# 12527248) is a Commercial property. 505 W 79th Street is currently listed for $425,000 and was received on December 03, 2025. This property is listed by Irie Homes Group from our Southwest Office.Want to learn more about 505 W 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.

Tour this property