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$738,675
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Property Description
Proud to present 1656 E. 83rd Pl, a 9 unit building located in desirable south side neighborhood of Avalon Park. Unit mix consists of (4) 2bd 1ba's and (5) 1bd 1ba's. Units have been updated by current management with newer kitchens, newer baths and refinished hardwood flooring. Each unit has an individual forced air furnace and pays their own heat. Additional cap ex projects that have been done throughout the years: Tuck-pointing/2013, Exterior windows replaced/2014, Roof sealed 2023, Rear porches/2012, Rear gate/2015, security cameras, new carpets and refinished interior stairwells. Building presents an opportunity to build out the garden unit(9th unit) for additional income. Property is located in a very residential area surrounded by single family homes making it desirable for tenants and reducing turnover. Location is close to to 90 expressway, parks retail and a short drive away from Lake Michigan.
Full Property Details
Full Property Details for 1656 E 83rd Pl
General
- Sold For: $738,675
- Taxes: $7,388 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12344596
- Added to Site: 268 day(s) ago
Location
- Area: CHI - Avalon Park
- County: Cook
- Driving Directions: From Stony Island, turn east onto 83rd Place to 1656. Property is on the NW corner of 83rd Pl/East End Ave
Heating & Cooling
- Heating Type: Individual Furnaces
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Year Built: 1928
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 51' x 125'
Financial Considerations
- Operating Expenses: $40,622
- Assessment Year: 1928
- Tax Amount: $7,388
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 20363000360000
Listed by Triton Realty Group LLC
Sold by Redfin Corporation
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Schools
Schools serving 1656 E 83rd Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Caldwell Elementary Academy Of Math & Sci 8546 South Cregier Avenue, Chicago, IL 60617 | 6-8 | 0.3 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1656 E 83rd Pl
Date
Details
Price
Change
Source
10/21/2025
Sold
$738,675
-6.38%
MLS
7/08/2025
Price Reduced
$789,000
-1.25%
MLS
5/27/2025
Price Reduced
$799,000
-6%
MLS
4/22/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1656 E 83rd Place, Chicago, IL 60617 (MLS# 12344596) is a Commercial property that was sold at $738,675 on October 21, 2025. Want to learn more about 1656 E 83rd Place? Do you have questions about finding other Commercial real estate for sale in Avalon Park? You can browse all Avalon Park real estate or contact a Coldwell Banker agent to request more information.

