431 E 79th Street
Rare 11-Unit Investment Opportunity in Chicago's Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.
- Burger King 200 ft
- McDonald's 550 ft
- Pepe's Mexican Restaurant 0.3 mi
- Old Chicago Pizza Company 0.4 mi
- Harold's Chicken Shack 0.5 mi
- Harold's Chicken Shack 0.5 mi
- Marathon 600 ft
- Falcon Fuel 0.5 mi
- Paradise Grocery 0.5 mi
- M & H Market 0.5 mi
- Shell 0.5 mi
- Quick Stop Gas & Mini Mart 0.6 mi
- Park No. 419 0.5 mi
- Grand Crossing Park 0.7 mi
- Nat King Cole Park 0.8 mi
- Railroad Junction Park 0.8 mi
- Adams Park 0.9 mi
- Dobson Park 0.9 mi
- Dunkin' 0.5 mi
- Mather’s More Than a Cafe 0.7 mi
- Dunkin' 0.8 mi
- Dunkin' 1.0 mi
- Starbucks 1.3 mi
- Dunkin' 1.3 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12602864