2404 East 79th Street

Chicago, IL 60649

$499,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fine example of Mid Century Modern Design! In the Avalon Park/South Shore TIF District, so City grants are available for the exterior and commercial space. Classic mid-century design details like wing walls and a glass front facade. Lee Bey, former architecture critic for the Sun Times, noted this building as a fine example of South Side Modern. 9-Unit mixed use building with street Level retail/office space and 8 large 1 bedroom residential units. Huge adjacent parking lot is included in sale. Each...Fine example of Mid Century Modern Design! In the Avalon Park/South Shore TIF District, so City grants are available for the exterior and commercial space. Classic mid-century design details like wing walls and a glass front facade. Lee Bey, former architecture critic for the Sun Times, noted this building as a fine example of South Side Modern. 9-Unit mixed use building with street Level retail/office space and 8 large 1 bedroom residential units. Huge adjacent parking lot is included in sale. Each floor is approx 3,000 sqf. The building is supported with massive steel framing, so the store is clear span throughout with continuous floor to ceiling window lines. Currently the space is a business incubator with office suites, some with water, a large conference room, and a large meeting space near the street side with 2 bathrooms and a kitchenette. The 2nd & 3rd floors consist of 8 apartments, comprised of 1 bedroom/1 bathroom units. South Shore's 79th street is surrounded by businesses, medical offices, and retailers. Near South Shore Hospital. Multiple PINS 2130325025, 2130325026, 2130325027. Addresses 2404-2416 E 79th. Broker Owned.
  1. Listed by Derek Walvoord • Exit Strategy Realty / EMA Management

Property Details for 2404 East 79th Street

Area
CHI - South Shore
Township
Hyde Park
Zoning
OFFIC
LISTING UPDATED: 10/14/2024 12:07 AM

Property Details for 2404 East 79th Street

StatusActive
MLS #12080117
Days on Market236
Taxes$15,863 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1951
Lot Size0.28 AC / 12,375 SF
CountyCook County

Building Information for 2404 East 79th Street

Stories3Residences9Year Built1951Lot Size0.28 AC / 12,375 SF

Property Information for 2404 East 79th Street

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Frontage Type: City Street, Public Road, Signal Intersection
  • Geographic Locale: East/West Corridor,Chicago South
  • Information: Other-See Remarks,None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Office Only, Wall Sleeve, Window Unit(s)
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Heat/Ventilation: Central Bldg Heat,Forced Air,Hot Water,Radiators
  • # Of Refrigerators: 8
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 8
Utilities / Equipment
  • Utilities: Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 99X125
  • Lot Size Square Feet: 12375.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete, Block, Steel Siding
  • Fire Protection: None
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 9000
  • # Of Offices: 10
  • # Of Ranges: 8
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Condominium, Office and Research, Retail
  • Public Document Count: 0
  • Photos Count: 22
Miscellaneous
  • Current Use: Other
  • Location: Corner,Mixed Use Area,Public Transport Avail,In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $1,612.00
  • Fuel Expense: $10,865.00
  • Gross Income: $147,300.00
  • Gross Scheduled Income: $147,300.00
  • Insurance Expense: $8,223.00
  • Total Annual Expense Source: Actual
  • Total Monthly Income: 12275
  • Net Operating Income: $104,280.00
  • Operating Expense: $41,623.00
  • Other Expense: $.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $3,500.00

Property History for 2404 East 79th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2404 East 79th Street

Taxable ValueLand$2,812Additions$803Total$3,615
Tax Record2019$726 ($61 / month)
Home Facts
Lot Size3,125 SqFtStyleMulti-Family Dwelling (2-4)CountyCOOKAPN21-30-325-026

Schools near 2404 East 79th Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
South Shore Intl Col Prep High School
Public9 to 12

Excel Academy - Woodlawn HS
Public9 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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2404 East 79th Street is a mixed use property for sale in Chicago, IL 60649. This property was listed for sale on June 10, 2024 by Exit Strategy Realty / EMA Management, it's currently listed at $499,900. It has been on the market for a total of 236 days and was last sold on May 23, 2019. This listing's school district is Chicago Public Schools. Nearby schools include Bradwell Community Arts & Sci Elementary School, Chicago Vocational Career Academy High School and South Shore Intl Col Prep High School. 2404 East 79th Street is a 0-bed, 0-bath, mixed use property built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Strategy Realty / EMA Management

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/14/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.