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About This Home
This 0-bedroom, 0-bathroom commercial at 2032 E 79th Street in Chicago, IL is listed for $255,000. Built in 1923, on a 0.33 acres lot.
Located along the rapidly re-emerging 79th Street Corridor in HIGHLY SOUGHT-AFTER SOUTH SHORE, this MIXED-USE investment opportunity offers tremendous upside for investors and owner-operators alike. The property features approximately 4,900 SQUARE FEET OF COMMERCIAL STOREFRONT SPACE, two OVERSIZED 3-BEDROOM residential units, and PARKING FOR 5+ VEHICLES.
This B3-2 ZONED asset is WELL-POISED for stabilization, repositioning, or long-term REDEVELOPMENT, with potential access to valuable funding resources including TIF, SBIF, CDBG, NMTC, energy efficiency incentives, and other community development programs designed to enhance investment returns.
With its PROXIMITY to the OBAMA PRESIDENTIAL CENTER, the emerging QUANTUM CAMPUS DEVELOPMENT, the lakefront, public transportation, and ongoing infrastructure investment, this property offers the flexibility and location investors seek in a growing market. Sold AS-IS, WHERE-IS. Come to one of our Hard Hat walk throughs or schedule your private tour today and discover the potential this strategic acquisition can deliver.
Key Features
- Built in 1923
- 0.33 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,364/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2032 E 79th Street
Chicago, IL 60649
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2032 E 79th Street is listed at $255,000. The estimated monthly payment is $1,105 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 0.33 acre lot, 2 stories.
This property is listed by Timothy Miller and can be reached at (312) 493-0920 or tim@enzigroup.com.
