$800,000
( $97.56Per Sq Foot )
$4,295 est/mo Sourced by Back At You1640 W 79th Street,Chicago, IL 60620
Chicago, IL 60620
Description
Value Add Newer 9 Unit Strip Center in Auburn Gresham community. Located on 79th street, just 1 block west of high traffic intersection of 79th and Ashland. This is tremendous value add opportunity to acquire 8,194 sf strip center for under $100/sf. Well below replacement cost! Proper management and leasing can turn this property around quickly. Property was build for $1,400,000 and appraised for $2,000,000.
Details
| MLS # | 12544902 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 2008 |
| Days On Site | 238 |
| Listing Provided By | First Western Properties | Paul Tsakiris |
Features
| SQ Feet | 8,200 |
|---|---|
| Story(s) | 1 |
| Units | 9 |
| Zoning | RTAIL |
Interior
| Cooling | Central Air |
|---|
Utilities
| Electric | Circuit Breakers, Over 600 Amps, Three Phase |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 28138.9 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60620 |
| Area | CHI Auburn Gresham |
| Listing VS Median (in 60620) | |
Price: $800,000 low | high Med: $229,000 sqft: 8,200 low | high Med: 8,925 $ / sqft: $98 low | high Med: $26 On site: 238 low | high Med: 47 | |
Market Activity 60620
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60620 |
| Area | CHI Auburn Gresham |
| Listing VS Median (in 60620) | |
Price: $800,000 low | high Med: $229,000 sqft: 8,200 low | high Med: 8,925 $ / sqft: $98 low | high Med: $26 On site: 238 low | high Med: 47 | |
Nearby Listings (Within 1/4 mile)
Price: $600K - $1M
sqft: 6,000 - 10,000
Listing Updated: July 9, 2026 at 12:08:15 PM PDT