Active
2036 W 79th Street
Chicago IL, 60620
$875,000
$68.95 per sqft
Active
12,690 sqft
Commercial
Built in 1960
Courtesy of MoHall Commerical & Urban Development
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.
12132970
MLSⓇ ID
August 8, 2024
Listed
November 22, 2024
Updated
Map
2036 W 79th Street
Chicago IL, 60620
Interior Features
Total Stories
2
Floor Description
Carpet, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.76 Acres
Other Property Details
Area Name
CHI - Auburn Gresham
Taxes
$48,286
Tax Frequency
Annually
Days on Market
11
Garage
No
View
No
County
Cook
Pool
No
Zoning
RTAIL
Courtesy of MoHall Commerical & Urban Development, Moses Hall,
Listing Contact: 312-826-9925
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Chicago Multifamily Investments are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 7:34 AM UTC, 11/22/2024