2848 E 79th Street, Chicago, IL 60649
Cook County
Key Facts
Description
Opportunity awaits in the heart of South Shore! This unique property began life as a single-family home and was converted into a two-flat many years ago, offering flexibility for investors, renovators, or owner-occupants with vision. In need of some tender loving care, this property is ready for its next chapter. The first-floor unit features 1 bedroom and 1 bathroom, while the second-floor unit offers 2 bedrooms and 1 bathroom, for a total of 3 bedrooms and 2 full baths. Whether you're looking to restore the home to its original single-family layout or maintain it as a two-unit income-producing property, the possibilities are plentiful. Ideally located, convenient access to public transportation and downtown Chicago. Nearby attractions include Museum of Science and Industry, Jackson Park, and the scenic shores of Lake Michigan. Bring your ideas, your contractor, and your vision to unlock the full potential of this versatile property! Whether you're creating your dream home or building long-term equity through rental income, this is an opportunity you won't want to miss.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1890
Lot Dimensions
30x135
Parking Spaces
1
Ownership
Fee Simple
Days on Market
7
MLS® Listing#
12698399
Property Features
Heating
Basement
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$1,270
Tax year 2024
Parcel Number
21304080300000
Directions
Take 79th stree east to address
Affordability Calculator
$25,000
Estimated monthly payment
$665/mo
Principal $100,000 · Est. interest $139,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,575
- Median Listing Price
- 36
- Median Days on Market
- 1,400
- Median Sq Ft
- $275
- Median Price / Sq Ft
- 4,277
- Active Listings
- This home’s price is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Bradwell School of Excellence
Elementary · 0.2 mi away
Camelot Safe Academy School
School · 0.2 mi away
Noelle's Kiddie College
School · 0.4 mi away
Chicago Public Schools
School · 0.5 mi away
Eastside Academy of Early
School · 0.6 mi away
Chicago Public Schools
Elementary · 0.6 mi away
Chicago Public Schools
School · 0.6 mi away
St. Michael the Archangel Catholic School Chicago, Il
School · 0.6 mi away
Qodesh Educational Institute
School · 0.6 mi away
William K New Sullivan Elementary School
Elementary · 0.8 mi away
Chicago Public Schools
School · 0.9 mi away
Public Schools Powell Adam Clayton
School · 0.9 mi away
A Child's World Early Learning Center
School · 1.0 mi away
Chicago Public Schools
Elementary · 1.1 mi away
Winnie Mandela High School
Secondary · 1.1 mi away
Immaculate Conception School
School · 1.1 mi away
Public Schools Bryn Mawr
School · 1.2 mi away
C R Phillips Child Development Center
School · 1.2 mi away
South Shore High School
Secondary · 1.2 mi away
Baker College Prep, A Noble School
School · 1.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12014 S Normal Avenue, Chicago, IL | $87,500 | 4 | 1 | 1,292 |
| 115 E 60th Street 2, Chicago, IL | $87,900 | 2 | 1 | 1,100 |
| 2469 E 74th Street, Chicago, IL | $88,000 | 4 | 3 | 1,564 |
| 1431 W 108th Street D, Chicago, IL | $88,900 | 3 | 2 | — |
| 5359 S Aberdeen Street, Chicago, IL | $89,000 | 4 | 2 | — |
| 6317 S Morgan Street, Chicago, IL | $89,900 | 5 | 2 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: RE/MAX Premier - (312) 399-8304
Last Updated: 2026-07-07