507 W 79th Street, Chicago, IL 60620
Cook County
Key Facts
Description
Attention Developers & Investors: Great opportunity to build on this corner property consisting of five lots - sold as a package! This is one of five contiguous lots being offered for sale. 507 W. 79th is 24 x 125, 511 W. 79th is 44 x 125, 515 W. 79th is 44 x 125, 519 W. 79th is 44 x 125 and 523 W. 79th is 44 x 125. These lots have a 200' frontage total. Zoned B3-2 no violations.
Property Information
Property Type
Land
Lot Dimensions
24 X 125
Ownership
Fee Simple
Days on Market
167
MLS® Listing#
12544128
Property Features
Financial Details
Annual Taxes
$5,716
Tax year 2024
Parcel Number
20331050050000
Directions
Take 79th Street West towards Normal to property
Affordability Calculator
$54,000
Estimated monthly payment
$1,437/mo
Principal $216,000 · Est. interest $301,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,137
- Median Listing Price
- 47
- Median Days on Market
- 1,429
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 4,628
- Active Listings
- This home’s price is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Chicago Public Schools
Elementary · 0.2 mi away
Community Youth Development Institute
Secondary · 0.3 mi away
Simeon Career Academy School
School · 0.4 mi away
Leo High School
Secondary · 0.5 mi away
Chicago Public Schools
Elementary · 0.5 mi away
Oglesby Elementary School
Elementary · 0.5 mi away
Lenart Elementary Regional Gifted Center
Elementary · 0.6 mi away
Chicago Public Schools
School · 0.6 mi away
Access at Perspectives Calumet
School · 0.8 mi away
Stagg Elementary School
Elementary · 0.9 mi away
Gresham Elementary School
Elementary · 0.9 mi away
St Sabina Academy
Secondary · 0.9 mi away
Perspectives Leadership Academy
Secondary · 1.0 mi away
Chicago Public Schools
Elementary · 1.0 mi away
Cuffe Math-Sci Tech Elementary Academy
Elementary · 1.0 mi away
Chicago Public Schools
Elementary · 1.1 mi away
Chicago Public Schools
School · 1.1 mi away
Dr Martin Luther King, Junior Academy of Social Justice
Elementary · 1.1 mi away
Deneen Elementary School
Elementary · 1.1 mi away
Guggenheim Elementary School
Elementary · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12908 S Peoria Street, Chicago, IL | $189,000 | 3 | 1 | 1,102 |
| 20 E Goethe Street 404, Chicago, IL | $189,000 | 1 | 1 | 381 |
| 1441 W Farwell Avenue 3C, Chicago, IL | $189,000 | 2 | 1 | 900 |
| 1755 E 55th Street 901, Chicago, IL | $189,000 | 3 | 3 | 1,975 |
| 7847 S Maryland Avenue, Chicago, IL | $189,000 | 3 | 2 | — |
| 7847 S Maryland Avenue, Chicago, IL | $189,000 | — | — | 1,628 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Oikos Realty LLC - 8476123961
Last Updated: 2026-01-09