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$399,000 USD
509-511 E 79th Street
Chicago, Illinois 60619
USA
Chicago, Illinois 60619
USA
Commercial for Sale, Other Commercial Property
Land size: 579 m2 ::
6,229 sqft
Sale price per sqm: 0
Tax: 18,074 USD
Remarks:
***PRIME 8-UNIT MIXED-USE INVESTMENT OPPORTUNITY WITH 2 STOREFRONTS*** Excellent opportunity to own a high-potential 8-unit mixed-use property featuring 2 commercial storefronts and 8 residential units. 7 of the 8 units are currently rented, providing immediate cash flow with additional upside through rental increases. This property offers strong income stability with long-term tenants in place and clear value-add potential. While the building needs some work, it presents the perfect opportunity for an investor looking to reposition and increase NOI. With strategic updates and management, rents can be brought to market rate to significantly enhance returns. The 2 storefronts offer excellent visibility and foot traffic, positioned next to established businesses, creating consistent exposure and demand. Ideal for Investor or 1031 Exchange Buyer. Whether you are looking to expand your portfolio or secure a mixed-use asset with upside potential, this property checks all the boxes. Serious inquiries only. Proof of funds required. This is an "as-is" sale.
Features:
- Year Built: 1923
- Building age: Over 50 years old
Location:
509-511 E 79th Street, Chicago, Illinois 60619, USA
Listed By CENTURY 21 S.G.R., Inc.
The Commercial for Sale, Other Commercial Property located at 509-511 E 79th Street, Chicago, Illinois 60619, USA is currently for sale. 509-511 E 79th Street, Chicago, Illinois 60619, USA is listed for $399,000 USD. If the property located at 509-511 E 79th Street, Chicago, Illinois 60619, USA isn't what you're looking for, search Illinois Real Estate to see other Commercial For Sale in Chicago.
