No photo available
$425,000
Full Property Details
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: 5/5/2026
- Added to Site: 177 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.
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 505 W 79th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Westcott Elementary School 409 West 80th Street, Chicago, IL 60620 | PK-8 | 0.2 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 1.8 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 505 W 79th St
Date
Details
Price
Change
Source
12/03/2025
Listed
$425,000
52.33%
MLS
4/11/2005
Sold
$279,000
—
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 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
—
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 505 W 79th St
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.
