2036 West 79th Street
$875,000
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Description
Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding...Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding visibility and accessibility from major thoroughfares, including 79th Street, Western Avenue, and Ashland Avenue, with easy access to Interstate-94. The expansive 33,174 square foot site provides ample space for potential expansion or redevelopment, making it a prime candidate for a variety of commercial uses. Currently utilized as a funeral facility, this turnkey opportunity is perfect for similar service providers or can be easily adapted for other commercial ventures. The property's B1-1 Neighborhood Shopping District zoning supports a wide range of retail and commercial activities, making it an ideal choice for real estate developers seeking to diversify their portfolio. Investors and government agencies will appreciate the property's redevelopment potential for community-enhancing projects. The City of Chicago offers significant incentives to buyers, including the Neighborhood Opportunity Fund, which finances commercial and cultural projects in neighborhoods that lack private investment, using revenue generated from downtown development. Additionally, this property qualifies for the City of Chicago's Small Business Improvement Fund (SBIF), promoting economic development by providing small businesses and property owners with reimbursement grants for permanent building improvement costs. Seize this unparalleled opportunity to invest in a property with both immediate operational benefits and long-term developmental prospects. Do not disturb staff.
- Listed by Moses Hall • MoHall Commerical & Urban Development
Property Details for 2036 West 79th Street
Area
CHI - Auburn Gresham
ZoningRTAIL
LISTING UPDATED: 10/27/2024 12:25 AM
Property Details for 2036 West 79th Street
Status | Active |
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MLS # | 12193596 |
Days on Market | 93 |
Taxes | $48,286 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1960 |
Lot Size | 0.76 AC / 33,174 SF |
County | Cook County |
Building Information for 2036 West 79th Street
Stories2Residences2Year Built1960Lot Size0.76 AC / 33,174 SF
Property Information for 2036 West 79th Street
Property History for 2036 West 79th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2036 West 79th Street
Taxable ValueLand$30,289Additions$204,476Total$234,765
Tax Record2022$48,287 ($4,024 / month)
Home Facts
Baths3Total Finished SqFt11,077 SqFtAbove Grade Finished SqFt11,077 SqFtStories2Lot Size13,462 SqFtStyleStoresYear Built1955CountyCOOKAPN20-30-316-052
Schools near 2036 West 79th Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Public - | 11 to 12 |
Rating | School | Distance |
---|---|---|
Barton Elementary School PublicPK to 8 | ||
Bogan High School Public9 to 12 | ||
CICS Ralph Ellison Charter9 to 12 | ||
Southside Occupational Academy High School Public11 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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