8-Unit Mixed-Use Building

1656 W 79th St, Chicago, IL 60620

  • For Sale $480,000
  • Property Type Multi-Family
  • Property Size 6,000 SF
  • Units 8
  • Lot Size 0.14 Acre
  • Parking Spaces Avail. 10
  • Property Tenancy Multi-Tenant
  • Year Built 1966
  • Date Updated Aug 21, 2025
Auburn Gresham, located on Chicago's south side, is a culturally rich neighborhood known for its strong sense of community. Bordered by 79th Street to the north, 87th Street to the south, Racine Avenue to the east, and the CSX railroad tracks to the west, it offers a mix of residential areas with historic bungalows, two-flats, and apartments, catering to a diverse population. The neighborhood features local businesses, restaurants, and shops, alongside schools, churches, and community centers that tie the community together. Auburn Gresham's active neighborhood associations and cultural events celebrate its deep community roots, contributing to its growth within Chicago.Prime investment opportunity with this well-maintained 8-unit mixed-use building located on the high-visibility corner of 79th Street and Paulina in Chicago. The attractive red brick property features one ground-floor retail unit, currently occupied by a long-standing hair salon, along with seven residential units above. The residential mix includes six 1-bedroom/1-bath apartments and one 2-bedroom/1-bath apartment, offering a steady rental base with the majority of tenants on flexible month-to-month leases. Classic Chicago brick architecture with enclosed front entryways, rear balconies, and a partial basement. Many updates have already been completed, reducing near-term capital needs for a new owner. On-site parking for approximately 10 vehicles further enhances the property’s appeal, providing convenience for both residents and retail customers.
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Highlights

  • 100% Occupied
  • 79th Street Frontage
  • Basement Space
  • Corner Location
  • On-Site Parking fro 10 Cars +/-

Contacts

broker
Samuel Silveira

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Transit Score ®

    63/100 Good Transit

  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Auburn Gresham
  • Zip Code 60620
  • Market Chicago

Points of Interest

  • Brainerd

    1.32 miles

  • Gresham

    1.45 miles

  • Halsted

    2.26 miles

  • Ashburn

    2.54 miles

  • 99th Street (Beverly Hills)

    2.55 miles

  • 95th/Dan Ryan

    2.92 miles

  • 103rd Street (Beverly Hills)

    3.07 miles

  • Garfield

    3.54 miles

  • 107th Street (Beverly Hills)

    3.58 miles

  • Western

    3.87 miles

  • Falcon Fuel

    0.10 miles

  • Marathon

    0.29 miles

  • Citgo

    0.37 miles

  • BP

    0.80 miles

  • Phillips 66

    1.00 miles

  • ChargePoint

    3.94 miles

  • Tesla Supercharger

    5.16 miles

  • EVgo

    6.61 miles

  • eVgo

    7.97 miles

  • Blink

    7.97 miles

  • Ashland/63rd Park & Ride

    1.92 miles

  • Lot 6

    3.70 miles

  • Lot 5

    3.73 miles

  • Lot 7

    3.73 miles

  • Lot 4

    3.77 miles

  • Lot 8

    3.79 miles

  • Lot 9

    3.81 miles

  • Lot 10

    3.81 miles

  • Lot 11

    3.84 miles

  • Western Park & Ride

    3.86 miles

  • New Budget Motel

    1.32 miles

  • Beverly Motel & Suites

    2.11 miles

  • Best Motel

    3.12 miles

  • Empire Motel

    3.16 miles

  • East of the Ryan

    3.28 miles

  • Admiral Motel

    3.47 miles

  • Royal Motel

    3.67 miles

  • Saratoga Motel

    3.90 miles

  • Holiday Inn LXG Midway Airport

    3.93 miles

  • Best Western Inn & Suites - Midway Airport

    3.96 miles

  • Dolphin's Fish & Chicken

    0.23 miles

  • Pepe's Mexican Restaurant

    0.28 miles

  • White Castle

    0.35 miles

  • Krispy's Chicken & Seafood

    0.37 miles

  • Burger King

    0.40 miles

  • Wendy's

    0.54 miles

  • McDonald's

    0.57 miles

  • BJ's Market & Bakery

    0.63 miles

  • Dirty Birds Southern Kitchen

    0.66 miles

  • Popeyes

    0.71 miles

  • Auburn-Gresham Preschool

    0.07 miles

  • Highland Educational Day Care Center

    0.15 miles

  • Scott Joplin Elementary School

    0.18 miles

  • CICS Ralph Ellison High School

    0.25 miles

  • Little Flower School

    0.27 miles

  • Zion Hill Day Care Center School

    0.28 miles

  • Highland Day Care Center

    0.31 miles

  • Clara Barton Elementary School

    0.42 miles

  • Cook Elementary School

    0.42 miles

  • Timothy Lutheran School

    0.49 miles

  • Childrens Hour Pre-School Center

    0.91 miles

  • Englewood Messiah Lutheran Headstart

    1.92 miles

  • Shiloh Nursery

    2.51 miles

  • Merry Go Round Nursery School

    2.52 miles

  • Daycare

    2.61 miles

  • Child's World Academic Inc.

    2.75 miles

  • Southwest Cooperative Pre-School

    3.05 miles

  • Creative Kids Daycare Center

    3.70 miles

  • Teddy Bear Pre-School

    3.73 miles

  • UChicago Child Development Center - Drexel

    4.31 miles

Frequently Asked Questions

How much does 8-Unit Mixed-Use Building cost?

The space currently listed for sale at 8-Unit Mixed-Use Building asks for $480,000.

What is the total square footage of 8-Unit Mixed-Use Building?

8-Unit Mixed-Use Building totals 6,000 square feet.

When was this property built?

8-Unit Mixed-Use Building was built in 1966.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Samuel Silveira

SVN | Chicago Commercial

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