$800,000

1640 W 79th Street, Chicago, IL 60620

  • 8,200 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
May 22, 2026 at 7:18AM
Listing Office:
First Western Properties : 773-355-4780
Listing Agent:
Paul Tsakiris : 773-355-4780
MLS ID:
12544902
  • A/C: Central Air
  • Road/Access: City Street
  • HOA Amenities: Not Applicable
  • Originating MLS: mred
  • County: Cook
  • Zoning: RTAIL20304340360000
  • Current Use: Commercial
  • Utilities: Circuit BreakersOver 600 AmpsThree Phase
  • Source: mred

This listing courtesy of Paul Tsakiris , First Western Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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