505 West 79th Street

Chicago, IL 60620

$410,000
Price
10
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

  1. Listed by Tiesha Campbell • Coldwell Banker Realty

Property Details for 505 West 79th Street

Area
CHI - Chatham

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/26/2024 09:59 PM

Property Details for 505 West 79th Street

StatusPrice Change
MLS #11848194
Days on Market273
Taxes$11,124 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1889
Lot Size0.19 AC / 8,250 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 505 West 79th Street

Stories-Residences6Year Built1889Building Size-Lot Size0.19 AC / 8,250 SF

Payment Calculator

$3,165 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,238

Property Taxes

$927

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 West 79th Street

General Information
Addtl Parking Information
  • Open Parking Spaces: 6.0
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 6.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 66X125
  • Lot Size Square Feet: 8250.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Hydrants On Site,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Building Area Total: 3300
Property and Assessments
  • Possible Use: Commercial, Office and Research, Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 3
  • Document Date: 2023-08-01T18:42:31
  • Photos Count: 27
Miscellaneous
  • Current Use: Multi-Family
  • Location: Corner,In City Limits,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $.00
  • Gross Income: $4,200.00
  • Gross Scheduled Income: $41,400.00
  • Insurance Expense: $5,500.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Owner Projection
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 3450
  • Water Expense Source: Owner Projection
  • Net Operating Income: $3,450.00
  • Operating Expense: $10,600.00
  • Other Expense: $.00
  • Trash Expense: $1,800.00
  • Water Sewer Expense: $2,000.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 505 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 505 West 79th Street

Taxable ValueLand$7,425Additions$76,111Total$83,536
Tax Record2022$21,209 ($1,767 / month)
Home Facts
Total Finished SqFt3,300 SqFtAbove Grade Finished SqFt3,300 SqFtStories2Lot Size8,250 SqFtStyleStoresYear Built1889CountyCOOKAPN20-33-105-006

Schools near 505 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
Westcott 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.

Similar Homes

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505 West 79th Street is a multi-family home for sale in Chicago, IL 60620. This property was listed for sale on August 1, 2023 by Coldwell Banker Realty, it's currently listed at $410,000. It has been on the market for a total of 273 days and was last sold on April 11, 2005. This listing's school district is City Of Chicago School District 299. Nearby schools include Westcott Elementary School, Hirsch Metropolitan High School and Community Youth Development Institute. 505 West 79th Street is a 10-bed, 6-bath, multi-family home built in 1889.

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 Coldwell Banker Realty

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.