509-511 E 79th Street

Chicago, IL 60619

***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.

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 2026-09-28 12:49 PM 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: 2026-09-28 12:49 PM UTC
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