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505 W 79th St
Multi-Family
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$425,000

505 W 79th St, Chicago

64% below median
13 bd·9 ba·0 sqft
Built 18898,250 sqft lotChatham

505 W 79th St, Chicago, IL

13 bd · 9 ba · 0 sqft Multi-Family listed at $425,000, built in 1889 in the Chatham neighborhood.

About this home

Built in 1889, this 13 bed, 9 bath multi-family home at 505 W 79th St in Chicago, IL (Chatham neighborhood). Listed at $425,000 with 143 days on market. The lot measures 8,250 sqft.

Property details

Price
$425,000
Bedrooms
13
Bathrooms
9
Year built
1889
Lot size
8,250 sqft
Type
Multi-Family
Days on market
143
Est. property tax
$8,840/yr · $737/mo · 2.08% IL avg
Last sold
$279,000 · Apr 2005

Estimated monthly payment

Down payment20% ($85,000)
Interest rate6.75%
Principal & Interest$2,205
Property Tax$390
Insurance$150
Total$2,745/mo

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Price history

$465K$227K$-11K$29K on Feb 82 (Sold)$82K on Jun 94 (Sold)$279K on Apr 05 (Sold)$350K on Sep 20 (Initial list)$350K on Jan 21 (Price change)$350K on Jan 21 (Relisted)$346K on Mar 21 (Price change)$336K on Mar 21 (Price change)$336K on Mar 21 (Price change)$331K on May 21 (Relisted)$331K on May 21 (Price change)$325K on Nov 21 (Price change)$425K on Dec 23 (Initial list)$420K on Feb 24 (Price change)$410K on Apr 24 (Price change)$425K on Dec 25 (Initial list)
$29K · Feb 82$425K · Dec 25
  1. Dec 3, 2025$425,000Initial list price
  2. Apr 27, 2024$410,000Price change
  3. Feb 16, 2024$420,000Price change
  4. Dec 27, 2023$425,000Initial list price
  5. Nov 30, 2021$325,000Price change
  6. May 18, 2021$330,500Price change
  7. May 17, 2021$330,500Relisted
  8. Mar 26, 2021$335,999Price change
  9. Mar 12, 2021$335,999Price change
  10. Mar 5, 2021$345,999Price change
  11. Jan 29, 2021$349,999Relisted
  12. Jan 28, 2021$349,999Price change
  13. Sep 2, 2020$349,999Initial list price
  14. Apr 11, 2005$279,000Sold
  15. Jun 27, 1994$82,000Sold
  16. Feb 16, 1982$29,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 505 W 79th St, Chicago
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Home Intelligence

Neighborhood (zip 60620)

Median age is 39.1; 12% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $46,472.

Median income
$46,472
Median age
39.1
Owner-occupied
48.6%
Bachelor's degree
11.9%
Census median home value
$177,500

Source: US Census Bureau American Community Survey 5-year estimates.

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