Chicago, IL 60649 2404 E 79TH Street

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Presented By: Exit Strategy Realty / EMA Management
  • MLS# 12289377
  • 02/12/2025
  • Request Tour
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  • SQFT • 9,000

Home Details

Quantum Computing Campus rare opportunity! Big building with a huge parking lot. Generous apartment layouts and a huge storefront space! In the Avalon Park/South Shore TIF District, so City grants are available for the exterior and commercial space, like the SBIF Grant. Classic mid-century design details such as wing walls and a glass front facade. 9-Unit mixed use building with street Level retail/office space and 8 large 1-bedroom residential units. Huge adjacent parking lot is included in sale. Each floor is approx 3,000 sqf. The building is supported with massive steel framing, so the store is clear span throughout with continuous floor to ceiling window lines. Currently the space is a business incubator with office suites, some with water, a large conference room, and a large meeting space near the street side with 2 bathrooms and a kitchenette. The 2nd & 3rd floors consist of 8 apartments, comprised of 1-bed/1-bath units. South Shore's 79th street is surrounded by businesses, medical offices, and retailers. Near South Shore Hospital. Multiple PINS 2130325025, 2130325026, 2130325027. Addresses 2404-2416 E 79th. Broker Owned.
Presented By: Exit Strategy Realty / EMA Management

General for 2404 E 79TH Street

Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick, Concrete, Block, Steel Siding
ContingencyAttorney/Inspection
CoolingCentral Air, Office Only, Wall Sleeve, Window Unit(s)
CountyCook
Current UseOther
DirectionsNear corner of 79th STREET and Yates. BUILDING ON NORTH SIDE OF STREET.
ElectricCircuit Breakers, Service - 201 to 600 Amps
Electric Expense1612
Fuel Expense10865
Gross Income147300
Insurance Expense8223
Lot Size Square Feet12375
MLS AreaCHI - South Shore
Net Operating Income104280
Number Of Units Total9
Operating Expense41623
PossessionClosing
Possible UseCommercial, Office, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount16675
Tax Year2023
Tenant PaysElectricity, Varies by Tenant
TownshipHyde Park
Trash Expense2400
UtilitiesWater Available
Water Sewer Expense3500
Year Built1951
ZoningOFFIC

Exterior for 2404 E 79TH Street

Building Area Total9000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road, Signal Intersection
Lot Dimensions99X125

Additional Details

Price History

Client Care

Price $494,900
MLS#12289377
List Date 02/12/2025
Property Type Contingent
Phone 847.485.2500
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