Home Details for 431 E 79th Street

Rare 11-Unit Mixed-Use Investment Opportunity in Chicago's Chatham Neighborhood. This offering includes two adjacent buildings sold together - 431 E 79th St and 7909 S Vernon Ave - totaling 9 residential units and 2 street-level commercial storefronts located on the busy 79th Street commercial corridor. The 431 E 79th St building features two fully leased retail spaces with strong street visibility, along with three residential apartments above. The adjoining 7909 S Vernon property includes six residential units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. Together the properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket. Both buildings must be sold together as one investment package.

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