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2404 E 79TH Street

Chicago, IL 60649
  • $494,900
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 12289377
Price Reduced
UPDATED: 106 min ago
$494,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

Quantum Computing Campus rare opportunity! Big building with a huge parking lot. Generous apartment layouts and a huge storefront space! In the Avalon Park/South Shore TIF District, so City grants are available for the exterior and commercial space, like the SBIF Grant. Classic mid-century design details such as wing walls and a glass front facade. 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-bed/1-bath 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.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-21T09:00:36.893 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2404 E 79TH Street Chicago, IL 60649

  • Price: $494,900
  • Status: Active
  • On Site: 36 Days
  • Updated: 106 min ago
  • MLS #: 12289377
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1951
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Quantum Computing Campus rare opportunity! Big building with a huge parking lot. Generous apartment layouts and a huge storefront space! In the Avalon Park/South Shore TIF District, so City grants are available for the exterior and commercial space, like the SBIF Grant. Classic mid-century design details such as wing walls and a glass front facade. 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-bed/1-bath 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.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetPublic RoadSignal Intersection Outdoor Parking 19-30 Spaces Roof Structure Flat

Interior Features

Cooling Central AirOffice OnlyWall SleeveWindow Unit(s) Heat Ventilation Central Bldg HeatForced AirHot WaterRadiators Number Of Ranges 8

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 9000 Built Before1978 YN Yes Current Use Other Electric Circuit BreakersService - 201 to 600 Amps Fire Protection None Geographic Locale East/West CorridorChicago South Gross Income 147300 Gross Scheduled Income 147300 Insurance Expense 8223 Location CornerMixed Use AreaPublic Transport AvailIn City Limits Mls Actual Status Active Net Operating Income 104280 Operating Expense 41623 Possible Use CommercialOfficeRetail Property Sub Type Mixed Use Rental Price 10.85 Tax Annual Amount 16675 Tax Year 2023 Tenant Pays ElectricityVaries by Tenant Total Monthly Income 12275 Township Hyde Park Type Mixed Use Utilities Water to Site Zoning OFFIC

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Exit Strategy Realty / EMA Management: 312-767-0572.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-21T09:00:36.893 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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