2650 E 83rd Street
Chicago, IL 60617
- 8 beds
- 4 baths
- – sqft
- 10,000 sqft lot
- 1964 build
- – on site
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.
Listing courtesy of MRED / EXIT Strategy Realty as distributed by MLS GRID
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Last updated May 1, 2024
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MLS# 11869334 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/16/24
Apr 16, 2024
|
Listed / Active | MRED | $349,900 | |
2/25/24
Feb 25, 2024
|
Sold Subject To Contingencies | MRED | $349,900 | |
8/25/23
Aug 25, 2023
|
Price Changed | MRED | $349,900 | 40.0% |