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3048 E 80th Street

Chicago, IL 60617

9 beds
3 baths
– sqft
4,356 sqft lot
1922 build
– on site

This fully renovated legal 2-flat, with a bonus 3rd unit in the garden apartment, is an incredible investment and living opportunity in the South Chicago neighborhood. Completely rehabbed in 2022, this building features three spacious 3-bedroom, 1-bath units, each with brand-new stainless steel appliances. The garden unit is perfect for an owner's suite, offering comfortable living with the added bonus of being vacant at closing for immediate occupancy. Unit 1 also includes a washer and dryer, while the second-floor unit offers potential for future expansion, with an unfinished attic that could be duplexed up to add more bedrooms and bathrooms for increased rental income. The building is currently generating $3,200 per month with excellent tenants who take great care of their apartments and pay rent on time. This is an ideal house hacking opportunity, as the revenue from the tenants helps cover a significant portion of the owner's living expenses. The property is professionally managed, well-maintained, and turn-key, making it a fantastic addition to any investor's portfolio. Situated just blocks from Rainbow Beach Park, with the new bike trail and the South Side Quantum Computing Campus nearby, this location is poised for future growth. Whether you're looking to live in the garden unit or expand the second-floor unit for additional rental income, this property offers both immediate comfort and long-term potential in a thriving South Chicago neighborhood.

Listing courtesy of MRED / Straight-A Realty, LLC as distributed by MLS GRID

Last checked: Checking… • Last updated May 2, 2025 •

MLS# 12353007 —

The Building

Year Built:

1922
Rebuilt:

No
New Construction:

false
Construction Materials:

Brick
Model:

MULTIUNIT
Roof:

Asphalt
Basement:

Finished, Exterior Entry, Sleeping Area, Full, Walk-Out Access
Exterior Features:

Balcony
Patio And Porch Features:

Porch

Interior

Rooms Total:

16

Location

Directions:

From the intersection of South Stony Island Avenue and East 80th Street, head east on 80th Street for about half a block. The property will be on your left-hand side. There is ample street parking available.
Location:

27867

The Property

Parcel Number:

21312050360000
Property Type:

Residential Income
Location:

N
Lot Size Dimensions:

4762
Lot Size Acres:

0.1
Zoning:

MULTI
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

2292.75

Beds

Bedrooms Total:

9
Bedrooms Possible:

9

Baths

Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Forced Air

Utilities

Sewer:

Public Sewer
Water Source:

Lake Michigan, Public

Schools

Elementary School District:

299
Middle Or Junior School District:

299
High School District:

299

The Community

Community Features:

Sidewalks, Street Paved

Parking

Parking Total:

2
Parking Features:

Garage Door Opener, Garage Owned, Detached, Garage
Garage Spaces:

2

Explore the Area

My Commute

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Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	MRED	$499,000	25.1% (10.5% / YR)
12/16/22 Dec 16, 2022		MRED	$399,000
11/16/22 Nov 16, 2022		MRED	$399,000

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This multifamily located in Far Southeast Side, Chicago, IL 60617 is currently for sale for $499,000. 3048 E 80th Street is a – square foot multifamily with 9 beds and 3 baths that has been on Estately for 0 days. 3048 E 80th Street is in the Far Southeast Side neighborhood of Chicago. This multifamily is in the attendance area of William K New Sullivan Elementary School and Bowen Environmental Studies High School.

Listing courtesy of MRED, Straight-A Realty, LLC, and Michael Applegate as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of May 2, 2025, 10:48 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.