553 E 79th Street, Chicago IL 60619 Photo 1 553 E 79th Street, Chicago IL 60619 Photo 2
Listing Courtesy of Century 21 1st Class Homes

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553 E 79th Street - An excellent opportunity to own a commercial property on a busy main street with three stores rented on it in Hyde Park Township. It has a great future potential use.

Listing information

  • MLS® ID: 08447120
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1950
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $14,000


Air Conditioning Ceiling Fans, Central Air, Exhaust Fan/s, Window Unit/s
Approximate Age Older
Backup Info Aerial Map, Tax Bill
Construction Brick, Concrete
Current Use Commercial
Docks None
Electrical Service 0-100 Amps, Circuit Breakers
Exterior Building Type Brick, Frame, Glass
Extra Storage Spaces Available (Y/N) No
Financial Amounts for Total Building (Rental Only) No
Fire Protection Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
Floor Finish Concrete, Tile, Vinyl
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street, County Road, Public Road, Signal Intersection, US Highway
Geographic Locale Chicago South
Heat/Ventilation Hot Water, Radiators
Information Exclusions-Call List Office, Short Notice OK, Show-Call Listing Office
Investment (Y/N) Yes
Known Encumbrances None Known
Location Central Business District, Mixed Use Area, Public Transport Avail
Misc Inside Handicapped Access, Handicapped Equip Washroom/s, Private Restroom/s, Storage Inside
Misc Outside Fire Escape, Storms and Screens (as exist)
Other # Of Drive In Doors - 0, # Of Tenants - 3, # Of TL Docks - 0, # Of Units - 3, Approx Total Bldg Sq Ft - 4200, Expense Year - 2012, Green Supporting Documents - N, Gross Rentable Area - 4200, Gross Rental Income $ - 4550, Net Oper Income $ - 54600, Net Operating Income Year - 2012, Net Rentable Area - 4200, Tax Year - 2013, Total Annual Exp - 14000, Total Annual Income - 54600, Total Monthly Income - 4550, Township - Hyde Park, Zoning Type - Rtail
Ownership Type Individual
Possession Closing, Immediate
Potential Use Commercial, Conditional Use, Condominium, Office and Research, Residential-Single Family
Property Offered For Sale Only
Property Type Retail/Stores
Roof Coverings Rubber, Tar and Gravel
Roof Structure Flat
Sale Terms Cash Only, Conventional
Tenant Pays Electric, Heat, Repairs and Maintenance, Water/Sewer
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Sewer-Storm Available, Water to Site, Water-Municipal
Water Drainage Storm Sewers
Listing Courtesy of Century 21 1st Class Homes