This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
2544 E 83rd Street, Chicago, IL 60617
$500,000 Sale Pending
2544 E 83rd Street, Chicago, IL 60617View this property at 2544 E 83rd Street, Chicago, IL 60617
2544 E 83rd StreetChicagoIL60617
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
Great two business investment opportunity, with building and land, including an established restaurant/bar, "The New Look Restaurant" and a former beauty salon space attached. Second floor apartment with 3bd/1.5ba with front and rear balconies (tenant occupied $1150/mo.) Double lot with fenced back yard. Restaurant equipment and full bar setup is included. Sold AS IS.
Full Property Details
Full Property Details for 2544 E 83rd St
General
- Price: $500,000
- Taxes: $1,548 (2022)
- Status: Pending
- Type: Business
- MLS ID: 11967627
- Updated: 3/3/2024
- Added to Site: 101 day(s) ago
Business
- Name: THE NEW LOOK RESTATURANT
- Business Type: Bar/Tavern/Lounge, Restaurant
- Years in Business: 11 or More
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: Yates Blvd to 83rd St - Turn East East 83rd St to property address
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Steam
Structural Information
- Roof: Rubber
- Stories/Levels: 2
- Square Feet: 4,920
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 125
- Potential Use: Liquor License, Single Family
- Zoning: OTHER
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $1,548
- Tax Year: 2022
Disclosures and Reports
- Ownership: Corporation
- Property ID: 21311260420000
Listed by RE/MAX Premier
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 2544 E 83rd St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
8441 S Yates Blvd, Chicago, IL 60617 | PK-8 | 0.3 mi | |
2100 E 87th St, Chicago, IL 60617 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2544 E 83rd St
Date
Details
Price
Change
Source
1/25/2024
Listed
$500,000
185.71%
MLS
10/06/2015
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2544 E 83rd St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,880
2%
$14,000
—
2021
$2,815
-11%
$14,000
-2%
2020
$3,178
-4%
$14,268
-13%
2019
$3,295
2%
$16,400
—
2018
$3,240
-10%
$16,400
-2%
2017
$3,604
7%
$16,744
—
2016
$3,354
9%
$16,744
—
2015
$3,068
—
$16,744
1%
2014
$3,073
2%
$16,564
—
2013
$3,013
1%
$16,564
—
2012
$2,972
—
$16,564
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2544 E 83rd St
2544 E 83rd Street, Chicago, IL 60617 (MLS# 11967627) is a Business property. 2544 E 83rd Street is currently listed for $500,000 and was received on January 25, 2024. Want to learn more about 2544 E 83rd Street? Do you have questions about finding other Business real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.