1640 W 79th Street
Chicago, IL, 60620
$800,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12544902 image #0
Value Add Newer 9 Unit Strip Center in Auburn Gresham community. Located on 79th street, just 1 block west of high traffic intersection of 79th and Ashland. This is tremendous value add opportunity to acquire 8,194 sf strip center for under $100/sf. Well below replacement cost! Proper management and leasing can turn this property around quickly. Property was build for $1,400,000 and appraised for $2,000,000.

Property Details

Price:
$800,000
MLS #:
MRD12544902
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Shopping Center
Neighborhood:
chiauburngresham
Listed Date:
Jan 12, 2026
Total Sq Ft:
8,200
Year Built:
2008
Chi – Auburn GreshamChiauburngresham

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Schools

Interior

Cooling
Central Air

Exterior

Stories
1

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$86,340
Tax Year
2024
Taxes
$28,139

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 14, 2026
924
Commercial Listed
185
Avg DOM
$993,435
Avg List Price

Property Summary

    1640 W 79th Street Chicago IL is a Commercial for sale in Chicago, IL, 60620. It is listed for $800,000

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1640 W 79th Street
Chicago, IL