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About This Home

This 0-bedroom, 0-bathroom commercial at 2032 E 79th Street in Chicago, IL is listed for $275,000. Built in 1923, on a 0.33 acres lot.

Agent Description

Located along the re-emerging 79th Street corridor in HIGHLY SOUGHT AFTER SOUTH SHORE this mixed-use building offers STRONG INCOME potential for the almost any investor The property includes approximately 4,900 SQUARE FEET OF COMMERCIAL STOREFRONT, two OVERSIZED 3 BEDROOM residential units, and rear PARKING FOR 5+ vehicles.

With flexible zoning and corridor visibility, this asset is WELL POISED for repositioning, stabilization, or long-term REDEVELOPMENTand has the ability to leverage public and community-based funding tools that can significantly enhance returns. Set up your viewing and we can show you how programs that exist can help like: TIF (Tax Increment Financi

ng), Community Development Grants, Small Business Improvement Programs (SBIF) Community Development Block Grant (CDBG) Funding Energy Efficiency and Sustainability Programs ComEd rebates, state energy grants, and federal tax reduction programs for upgrading to efficient HVAC, lighting, or building Workforce and Job Creation Funding programs New Mar

kets Tax Credits (NMTC) With its PROXIMITY to the OBAMA PRESIDENTIAL CENTER, lakefront access, strong residential density, and infrastructure investment this B3-2 ZONED parcel has the flexibility you want when you have the ability to combine Commercial and Residential. Sold AS-IS, WHERE-IS, this is a strategic acquisition for investors and owner-operators who understand how to align private capital with public funding. Contact to set up your private tour and receive detailed information

Key Features

  • Built in 1923
  • 0.33 acre lot
  • 2 stories

Property Details

2 stories
1923

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

2032 E 79th Street

Chicago, IL 60649

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2032 E 79th Street is listed at $275,000. The estimated monthly payment is $1,192 based on 20% down at 6.5% interest.

Key features include: Built in 1923, 0.33 acre lot, 2 stories.

This property is listed by Timothy Miller and can be reached at (312) 493-0920 or tim@enzigroup.com.

TM

Timothy Miller

Agent at EXIT Strategy Realty

(312) 493-0920

Listed by EXIT Strategy Realty

MLS# 12584936· Source: listhub· Updated 88 days ago

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2032 E 79th Street, Chicago, IL 60649

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