1025 West 79th Street

Chicago, IL 60620

$180,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Turnkey income - generating 2 unit building for sale! Great location! Very well kept! Low property taxes a year - less than $4000. The property currently generates $1,550 a month in rental income. First floor consists of a large reception area and several office spaces that were used as dentist's office and is now rented by a boiler heating specialist. The second floor consists of a 2 bedroom apartment, a living room with large windows, and a spacious kitchen with built-in cabinets, and oven and...Turnkey income - generating 2 unit building for sale! Great location! Very well kept! Low property taxes a year - less than $4000. The property currently generates $1,550 a month in rental income. First floor consists of a large reception area and several office spaces that were used as dentist's office and is now rented by a boiler heating specialist. The second floor consists of a 2 bedroom apartment, a living room with large windows, and a spacious kitchen with built-in cabinets, and oven and refrigerator. There is a separate dining room. Bathroom is charming with a tub and shower combination. The garage needs little tlc. A laundromat is located across the street close to many shops and restaurants and public transportation. Financing is accepted. Sold as is, property is eligible for tif and nof grant funding. That's money in your pocket!
  1. Listed by Gergana Tamamdjieva • Century 21 Universal

Property Details for 1025 West 79th Street

Area
CHI - Auburn Gresham
Township
Lake

Location

Listing Courtesy of Century 21 Universal
Add your commute
LISTING UPDATED: 04/03/2024 05:11 PM

Property Details for 1025 West 79th Street

StatusActive
MLS #11951213
Days on Market142
Taxes$3,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1950
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Century 21 Universal
Add your commute

Building Information for 1025 West 79th Street

Stories-Residences2Year Built1950Lot Size0.07 AC / 3,125 SF

Payment Calculator

$1,257 per month

30 year fixed, 7.25% Interest

Principal and Interest

$982

Property Taxes

$275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1025 West 79th Street

General Information
Addtl Parking Information
  • Open Parking Spaces: 2.0
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago Southwest
  • Information: 24-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Flooring: Carpet
  • Heat/Ventilation: Central Bldg Heat
  • # Of Refrigerators: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 25 X 125
  • Lot Size Square Feet: 3125.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Concrete
  • Fire Protection: None
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Offices: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 1
  • Document Date: 2023-12-28T23:54:54
  • Photos Count: 19
Miscellaneous
  • Current Use: Other
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2022
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Net Operating Income Year: 2022
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 1550
  • Water Expense Source: Owner Projection
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1025 West 79th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1025 West 79th Street

Taxable ValueLand$2,031Additions$10,968Total$12,999
Tax Record2022$3,300 ($275 / month)
Home Facts
Baths4Total Finished SqFt2,409 SqFtAbove Grade Finished SqFt2,409 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1953CountyCOOKAPN20-32-203-001

Schools near 1025 West 79th Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Oglesby Elementary School
PublicPK to 8

Hirsch Metropolitan High School
Public9 to 12

Community Youth Development Institute
Charter9 to 12

Simeon Career Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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1025 West 79th Street is a mixed use property for sale in Chicago, IL 60620. This property was listed for sale on December 25, 2023 by Century 21 Universal, it's currently listed at $180,000. It has been on the market for a total of 142 days and was last sold on August 9, 2017. This listing's school district is City Of Chicago School District 299. Nearby schools include Oglesby Elementary School, Hirsch Metropolitan High School and Community Youth Development Institute. 1025 West 79th Street is a 0-bed, 0-bath, mixed use property built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Universal

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.