Chicago, IL 60620 2036 W 79th Street
$875,000



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Presented By: MoHall Commerical & Urban Development
Home Details
Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding visibility and accessibility from major thoroughfares, including 79th Street, Western Avenue, and Ashland Avenue, with easy access to Interstate-94. The expansive 33,174 square foot site provides ample space for potential expansion or redevelopment, making it a prime candidate for a variety of commercial uses. Currently utilized as a funeral facility, this turnkey opportunity is perfect for similar service providers or can be easily adapted for other commercial ventures. The property's B1-1 Neighborhood Shopping District zoning supports a wide range of retail and commercial activities, making it an ideal choice for real estate developers seeking to diversify their portfolio. Investors and government agencies will appreciate the property's redevelopment potential for community-enhancing projects. The City of Chicago offers significant incentives to buyers, including the Neighborhood Opportunity Fund, which finances commercial and cultural projects in neighborhoods that lack private investment, using revenue generated from downtown development. Additionally, this property qualifies for the City of Chicago's Small Business Improvement Fund (SBIF), promoting economic development by providing small businesses and property owners with reimbursement grants for permanent building improvement costs. Seize this unparalleled opportunity to invest in a property with both immediate operational benefits and long-term developmental prospects. DO NOT DISTURB STAFF.
Presented By: MoHall Commerical & Urban Development
Interior Features for 2036 W 79th Street
Other Interior Features
FlooringCarpet, Tile, Vinyl
General for 2036 W 79th Street
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick, Concrete
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsTake exit 60 for 79th St. Merge onto S Lafayette Ave. Turn right onto W 79th St. Continue west on W 79th St for approximately 3.5 miles. The destination will be on your right.
ElectricService - 101 to 200 Amps, Service - 201 to 600 Amps
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet33174
MLS AreaCHI - Auburn Gresham
Net Operating Income0
Number Of Units Total2
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount48286
Tax Year2022
Trash Expense0
Water Sewer Expense0
Year Built1960
ZoningRTAIL
Exterior for 2036 W 79th Street
Building Area Total12690
Foundation DetailsConcrete Perimeter
Lot Dimensions267 X 116
Additional Details
Price History
