1732 E 79th St

The Multifamily Investment Advisors with KW Commercial and Keller Williams ONEChicago are pleased to present the mixed-use property at 1732 E. 79th St. This mixed-use property consists of 10 residential units and 4 retail units, providing a balanced income stream from both residential and commercial tenants.

Residential Units (10 Total)

• 2 Studios

• 3 One-Bedroom Units

• 3 Two-Bedroom Units

• 2 Three-Bedroom Units

Retail Units (4 Total)

Location and Neighborhood

The South Shore neighborhood is a vibrant community located along the southern lakefront of Chicago, known for its historic homes, cultural attractions, and proximity to Lake Michigan. Key features include:

• Cultural Attractions: South Shore Cultural Center, Jackson Park, and proximity to the future site of the Obama Presidential Center.

• Transportation: Easy access to public transportation, including multiple bus routes and the Metra Electric Line, facilitating convenient commutes to downtown Chicago.

• Amenities: Nearby shopping centers, restaurants, and recreational facilities.

• The property’s location in the South Shore neighborhood offers a blend of residential comfort and retail convenience. Its proximity to public transportation and major cultural landmarks enhances its appeal to both residential tenants and retail businesses.

Financial Performance

The property’s 9.58% cap rate indicates a solid return on investment, making it an attractive option for investors seeking steady cash flow. Detailed financial analysis and projections will provide further insight into potential income and expenses.

Value-Add Potential

Opportunities for value enhancement include:

• Potential rent increases

• Property renovations

• Strategic leasing of retail spaces to high-demand businesses

1732 E. 79th St. presents a compelling investment opportunity in Chicago’s South Shore neighborhood. With a balanced mix of residential and retail units, a solid cap rate, and strategic location, this property is well-positioned to deliver consistent returns and long-term growth for investors. Further due diligence, including a detailed financial analysis, is recommended to fully assess the property’s investment potential.