O'Neil Property Group

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$399,000
77 Days On Site

509-511 E 79th Street
Chicago, IL 60619

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1923
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Century 21 S.G.R., Inc.
509-511 E 79th Street509-511 E 79th Street509-511 E 79th Street509-511 E 79th Street
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***PRIME 8-UNIT MIXED-USE INVESTMENT OPPORTUNITY WITH 2 STOREFRONTS*** Excellent opportunity to own a high-potential 8-unit mixed-use property featuring 2 commercial storefronts and 8 residential units. 7 of the 8 units are currently rented, providing immediate cash flow with additional upside through rental increases. This property offers strong income stability with long-term tenants in place and clear value-add potential. While the building needs some work, it presents the perfect opportunity for an investor looking to reposition and increase NOI. With strategic updates and management, rents can be brought to market rate to significantly enhance returns. The 2 storefronts offer excellent visibility and foot traffic, positioned next to established businesses, creating consistent exposure and demand. Ideal for Investor or 1031 Exchange Buyer. Whether you are looking to expand your portfolio or secure a mixed-use asset with upside potential, this property checks all the boxes. Serious inquiries only. Proof of funds required. This is an "as-is" sale.

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Listing Snapshot
PriceΒ 
$399,000
Days On SiteΒ 
77 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.143 Acres
Year BuiltΒ 
1923
MLS NumberΒ 
12737167
StatusΒ 
Active
Property TaxΒ 
$18,073.88
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
AcresΒ 
0.143
Additional Property UseΒ 
Commercial
FoundationΒ 
Block
Property Sub TypeΒ 
Mixed Use
UtilitiesΒ 
Water Available
Interior Features
CoolingΒ 
Window Unit(s)
ElectricΒ 
Circuit Breakers
FlooringΒ 
Wood
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Exterior Features
Construction DetailsΒ 
Brick
RoofΒ 
Composition
Community Features
MLS AreaΒ 
CHI - Chatham
TownshipΒ 
Hyde Park
Listing Courtesy of MRED as distributed by MLS Grid of Century 21 S.G.R., Inc.



Based on information submitted to the MLS GRID as of 2026-11-06 10:21 AM UTC. 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.
Last checked: 2026-11-06 10:21 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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