$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 1 month 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:
February 14, 2026 at 6:21PM
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

Schools Nearby

J

Joplin Elementary School

7931 S Honore St, Chicago, IL, 60620

Grades KG-8

0.21 miles away

J

Joplin Elementary School

7931 S Honore St, Chicago, IL, 60620

Grades KG-8

0.21 miles away

C

Cics - Ralph Ellison Campus

1817 W 80th St, Chicago, IL, 60620

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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