Property for Sale: 2036 W 79th, Chicago, IL 60620
$875,000
$875,000
2036 W 79th,
Chicago, IL 60620
$875,000
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Price:
$875,000
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 1960
City Chicago
County Cook
MLS 12136313
Status Active
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 gross 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.
Lot & Building Features
Construction Brick, Concrete
Cooling Central Air
Tax Year 2022
Lot Dimensions 267 X 116 ft
Price History of 2036 79th, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $875,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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2036 79th (MLS #12136313) is a commercial listing located in Chicago, IL. This property was listed on 08/12/2024 and has been priced for sale at $875,000.
Nearby zip codes are 60621, 60629, 60636, 60638 and 60652. This property neighbors other cities such as Evergreen Park.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: MoHall Commerical & Urban Development |