741 W 79th Street, Chicago, IL 60620
Cook County
Key Facts
Description
Rare 4-storefront retail building in the heart of Auburn Gresham's transforming 79th St. Corridor. 4,778 SF bldg | 7,500 SF lot | B1-1 zoned. 3 of 4 units occupied: Unit 741 (food/tobacco), Unit 745 (tutoring center), Unit 747 (fully built-out restaurant w/ commercial kitchen - SS line, hood, fryers, prep tables - plus custom reclaimed-wood dining room & outdoor wood patio). Unit 743 vacant & white-box ready for immediate lease-up. Full-footprint basement spanning entire bldg w/ 1909 limestone foundation walls, exposed steel & full plumbing - rare South Side asset. Updated mechanicals throughout: Rheem water heater, Ameristar & RunTru HVAC. Multiple restrooms. LOCATION: City of Chicago Enterprise Zone | Steps from $35M Auburn Park Metra Station (Rock Island Line, opening 2026) | 79th St. Corridor Plan adopted by Chicago Plan Committee Apr 2025 | $47M in new residential development delivered steps away. Video walkthrough available. Sold AS-IS. Do not disturb tenants.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1909
Stories
1
Living Area
4,778 sq ft
Lot Size
7,549 sq ft
Lot Dimensions
74 X 100
Zoning
RTAIL
Days on Market
7
MLS® Listing#
12700424
Property Features
Flooring
Construction
Roof
Utilities
Financial Details
Annual Taxes
$12,829
Tax year 2024
Parcel Number
20331000020000
Directions
79TH STREET, IMMEDIATELY EAST OF HALSTED ST.
Affordability Calculator
$81,000
Estimated monthly payment
$2,156/mo
Principal $324,000 · Est. interest $452,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,137
- Median Listing Price
- 47
- Median Days on Market
- 1,429
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 4,628
- Active Listings
- This home’s price is 4% above the area median.
- Its price per sq ft is 69% 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
Community Youth Development Institute
Secondary · 0.1 mi away
Leo High School
Secondary · 0.2 mi away
Oglesby Elementary School
Elementary · 0.3 mi away
Chicago Public Schools
Elementary · 0.4 mi away
Access at Perspectives Calumet
School · 0.5 mi away
Simeon Career Academy School
School · 0.6 mi away
St Sabina Academy
Secondary · 0.6 mi away
Chicago Public Schools
School · 0.7 mi away
Stagg Elementary School
Elementary · 0.7 mi away
Chicago Public Schools
Elementary · 0.7 mi away
Cuffe Math-Sci Tech Elementary Academy
Elementary · 0.8 mi away
Gresham Elementary School
Elementary · 0.8 mi away
Lenart Elementary Regional Gifted Center
Elementary · 0.9 mi away
Zion Hill Christian Academy
School · 0.9 mi away
Cook Elementary School
Elementary · 0.9 mi away
Guggenheim Elementary School
Elementary · 1.0 mi away
Kiddie Heaven Learning Academy
School · 1.0 mi away
True Christian Fellowship Baptist Church
School · 1.0 mi away
Ezzard Charles School
School · 1.0 mi away
Chicago Public Schools
School · 1.1 mi away
Commute Calculator
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| 8533 S Rhodes Avenue, Chicago, IL | $284,900 | 5 | 3 | 801 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Coldwell Banker Realty - 2198659911
Last Updated: 2026-07-09