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Kevin Wagan

kevinwagan@gmail.com +1(630) 518-5042

$ 875,000

Est. payment -/mo

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Active Under Contract

2036 W 79th ST Chicago, IL 60620

12,690 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 12,690 sqft

Price per Sqft $68

MLS Listing ID 12132970

Year Built 1960

Annual Tax Amount $48,286

Tax Year 2022

Lot Dimensions 267 X 116

Property Sub-Type Retail/Stores

Property Description

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.

Location

State IL

County Cook

Area Chi - Auburn Gresham

Zoning RTAIL

Interior

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick,Concrete

Listed by Moses Hall of MoHall Commercial & Urban Development

SCHOOLSPROPERTIES

Elementary Schools 20

9

Southwest Elementary School

Public | KG - 6
7

Northwest School

Public | PK - 6
7

Kellogg Elementary School

Public | KG - 8
6

Peck Elementary School

Public | PK - 8
6

Hurley Elementary School

Public | PK - 8
6

Dawes Elementary School

Public | PK - 8
6

Owen Elementary Scholastic Academy

Public | KG - 8
6

Southeast Elementary School

Public | KG - 6
6

Northeast Elementary School

Public | PK - 6
6

Providence-Englewood Elementary Charter

Public | KG - 8
6

Turner-Drew Elementary Language Academy

Public | KG - 8
5

Sandoval Elementary School

Public | KG - 5
5

Tonti Elementary School

Public | PK - 5
5

Talman Elementary School

Public | PK - 8
5

Carson Elementary School

Public | PK - 8
5

Sutherland Elementary School

Public | KG - 8
5

Davis M Magnet Elementary School

Public | KG - 8
5

Barnard Elementary School

Public | KG - 8
5

Kershaw Elementary School

Public | PK - 8
5

Kipling Elementary School

Public | KG - 8

Middle Schools 4

9

Lindblom Math & Science Academy High School

Public | 7 - 12
5

Central Jr High School

Public | 7 - 8
4

Hernandez Middle School

Public | 6 - 8
0

Banner Therapeutic Day School

Private | 7 - 12

High Schools 20

9

Solorio Academy High School

Public | 9 - 12
8

Evergreen Park High School

Public | 9 - 12
6

Hubbard High School

Public | 9 - 12
6

Goode STEM Academy High School

Public | 9 - 10
5

Julian High School

Public | 9 - 12
5

Simeon Career Academy High School

Public | 9 - 12
4

Urban Preparatory Charter Academy Englewood High School

Public | 9 - 12
2

Team Englewood Community Academy High School

Public | 9 - 12
1

Gage Park High School

Public | 9 - 12
1

Harper High School

Public | 9 - 12
1

Hope College Preparatory High School

Public | 9 - 12
1

Robeson High School

Public | 9 - 12
0

Br Rice High School

Private | 9 - 12
0

Pathways in Education High School

Public | 9 - 12
0

Mother Mcauley Liberal Arts High School

Private | 9 - 12
0

Southside Occupational Academy High School

Public | 12 - 12
0

Prologue - Johnston Fine Arts High School

Public | 9 - 12
0

Excel Academy - Englewood High School

Public | 9 - 12
0

Leo Catholic High School

Private | 9 - 12
0

Pnuema Institute

Private | 9 - 12

School and business data provided by Attom Data.

Kevin Wagan

Agent

+1(630) 518-5042

Kevin Wagan

2036 W 79th ST Chicago, IL 60620

Key Details

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2036 W 79th ST