2911 E 79th Street, Chicago, IL

$259,900

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About 2911 E 79th Street

TURNKEY COMMERCIAL SPACE + RESIDENTIAL VALUE-ADD OPPORTUNITY! Welcome to 2911 E 79th St, a versatile mixed-use property offering commercial and residential space with multiple possibilities for an owner-user, entrepreneur, or investor. Formerly home to Urban Lux Cafe, the first-floor commercial space has been completely remodeled and updated, offering an attractive, ready-to-use storefront. PLEASE NOTE: The second-floor residential unit is currently gutted and requires renovation/finishing. The residential space is configured as a spacious 2-bedroom, 1-bath apartment with a loft that duplexes into the attic, providing additional flexible living space. HVAC ductwork and electrical are intact, giving the next owner a strong starting point to complete the residential unit to their specifications. Once completed, the property offers several possibilities-operate a business on the first floor while living upstairs, lease both spaces for multiple income streams, or add a mixed-use asset to an investment portfolio. Located along E. 79th Street, the property offers excellent street visibility and accessibility within an established commercial corridor. With the commercial portion already renovated and the residential portion ready for build-out, this property presents an opportunity to customize the remaining residential space while taking advantage of the improvements already completed on the commercial level. Commercial space is renovated and move-in ready; residential unit is gutted and requires renovation. Property sold as-is.

Features of 2911 E 79th Street

MLS® # 12776000
Price $259,900
Bathrooms 0.00
Year Built 1918
Type Commercial Sale
Sub-Type Mixed Use
Status New

Community Information

Address 2911 E 79th Street
Area CHI - South Chicago
City Chicago
County Cook
State IL
Zip Code 60649

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Preferred Realty

Listing Map

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