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55 Properties Within 0.5 miles of: 2650 E 83rd, Chicago

2650 E 83rd
Chicago, IL 60617

  • 8 Beds
  • Built In 1964
Price

$349,900

Est Payment
$2,099 / month (details)  
Taxes
$2,457  
Beds
8  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
80X125  
Built
1964  
Neighborhood
South Chicago  
MLS
#11869334
Status
Active (8 months)

Property Description

Discover a truly remarkable investment opportunity in the heart of Chicago, Illinois, with this expansive two-flat brick building that seamlessly blends residential comfort with entrepreneurial potential. This extraordinary property boasts a generous footprint of approximately 4700 square feet, encompassing three spacious lots each with impressive measurements. There are three separate pin numbers: 21311280430000 (This pin number sits on two lots which is the physical building including an attached garage) and we have two additional pin numbers and lots 21311280410000 and 21311280420000.) The combination of size, location, and adaptability makes this offering a rare gem in the bustling Chicago real estate landscape. This property is zoned as a 2-flat building. It is not a mixed-use property, but the current owner is utilizing their first floor apartment as a home-based business. Take advantage of this unique opportunity to acquire a property that offers both an exceptional living space and the chance to fulfill your business aspirations. Arrange a viewing today and explore the endless possibilities that await within this two-flat brick building in the heart of Chicago. Don't miss out on this chance to shape your future and make your mark on the city's landscape. Contact us now to schedule your private tour. Size and Space: Spread across four lots, this oversized two-flat building provides ample room to stretch out and explore numerous creative endeavors. With a total of 4 lots there's more than enough space to bring your vision to life. Charming Brick Facade: The exterior of the building exudes classic Chicago charm with its sturdy and enduring brick facade. A timeless aesthetic that fits seamlessly into the neighborhood's character. Income Potential: Whether you're an astute investor or an entrepreneur seeking a live-work space, this property offers a world of income possibilities. The two-flat layout allows for dual rental income streams, while the generous lot size provides ample room for expansion or customization. Home-Based Business Paradise: This property isn't just a residence; it's a canvas for entrepreneurial dreams. Imagine operating a thriving home-based business while enjoying the comforts of home just steps away. The expansive space provides the ideal setting to turn your passion into a reality. Prime Location: Situated in a prime the South Chicago location around major upcoming development (10 minutes from the President Obama Library, 2 miles walking distance from the lakefront, Close to Jackson Park, South Shore Cultural Center and new attractive development projects) this property benefits from its proximity to major transportation routes, vibrant commercial districts, and essential amenities. Enjoy the convenience of city living without the tranquility of a residential setting. Must-See Potential: The combination of size, location, and versatility makes this property a true must-see. Whether you're an investor, an entrepreneur, or someone looking for a distinctive residence, this offering is brimming with potential waiting to be realized.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Exterior Features
Balcony, Roof Deck
Parking
5 Garage Spaces, Garage Door Opener(s), Multiple Garages, Garage On Site, Owned, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-25-2023 Listed at $249,900
08-25-2023 Price increased by $100,000 to $349,900
02-24-2024 Status changed to Under Contract
04-16-2024 Status changed to Active
Last Modified 4/22/24 12:05 AM

Nearby Transportation

  • Bus 26 0.3 mi
  • Bus 71 0.3 mi
  • Bus 95 0.3 mi
  • Bus 5 0.3 mi
  • Bus 79 0.5 mi
  • Bus 87 0.5 mi
  • Bus 30 0.6 mi
  • Bus 6 0.8 mi
  • Bus 15 0.8 mi
  • Bus J14 0.8 mi
  • Bus 75 1.0 mi
  • Metra Electric 0.4 mi
  • I 90 East 0.9 mi
  • I 90 West 1.2 mi
  • I 94 West 2.8 mi
  • I 94 East 2.9 mi
  • I 90 East 3.4 mi
  • Hwy 57 4.0 mi
  • Hwy 57 4.8 mi
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