$800,000

1640 W 79th Street, Chicago IL, 60620

Price per sqft$97.56

Built in2008

Property size8,200 sqft

Property typeCommercial

Listed by Paul Tsakiris with First Western Properties 773-355-4780

Overview

Active

Listed Jan 12, 2026

Updated May 29

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.

Additional information

MLS^® ID: 12544902

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.38 Acres

Other Property Details

Taxes: $28,139
Tax Frequency: Annually

Listed by Paul Tsakiris with First Western Properties 773-355-4780

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Based on information submitted to the MLS GRID for MRED 5/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

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