2650 E 83rd Street, Chicago, IL 60617 - Photo 1

1/1

$325,000

Sold
Closed
Multi-Family
8 Total Beds
5 Car Garage

1/1

Property Description

Discover an exceptional investment opportunity in Chicago with this expansive two-flat brick building. Spanning approximately 4,700 square feet across three spacious lots, this property offers both residential comfort and entrepreneurial potential. There are a total of four lots (the 2-flat and three lots have separate PIN numbers: 21311280430000 (covering the building and attached garage), and 21311280410000 and 21311280420000 AND 21311280420000. Zoned as a two-flat building, the current owner utilizes the first-floor apartment as a home-based business. This property is perfect for those seeking a unique space that combines living and business opportunities. Don't miss your chance to shape your future and make your mark in Chicago. Schedule a private tour today. Size and Space: The oversized two-flat building offers ample room across four lots, perfect for various creative endeavors. Charming Brick Facade: The building's exterior boasts classic Chicago charm with its enduring brick facade. Income Potential: Ideal for investors or entrepreneurs, the property allows for dual rental income streams and offers space for expansion or customization. Home-Based Business Paradise: The expansive space is perfect for operating a thriving home-based business while enjoying the comforts of home. Prime Location: Located near major upcoming developments, including the President Obama Library, the lakefront, Jackson Park, and the South Shore Cultural Center. Proximity to transportation routes and vibrant commercial districts enhances the property's appeal. Must-See Potential: This versatile property is ideal for investors, entrepreneurs, or those seeking a distinctive residence.

Full Property Details

Full Property Details for 2650 E 83rd St

General

Sold For: $325,000
Taxes: $5,790 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12123938
Added to Site: 611 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Exterior

Exterior Features: Balcony, Roof Deck

Parking

Garage: Yes
Garage Ownership: Owned
Garage Spaces: 5
Total Spaces: 5
Parking Type: Garage
Garage Description: Garage Door Opener(s), Multiple Garages

Location

Area: CHI - South Chicago
County: Cook
Driving Directions: Take 83rd Street east to address

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Exterior Const.: Brick
Basement Desc.: None
Year Built: 1964
Built Before 1978: Yes

Unit Information

Units in Building: 2

Additional Structures

Other Structures: Second Garage

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 80 x 125
Zoning: OTHER

Financial Considerations

Parking Included: Yes
Assessment Year: 1964
Tax Amount: $5,790.61
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 21311280430000

Listed by EXIT Strategy Realty
Sold by Coldwell Banker Realty

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— 2650 E 83rd St —

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Schools

Schools serving 2650 E 83rd St

School District:Chicago Public School District 299

Name	Grades	Distance
Coles Elementary Language Academy 8441 South Yates Boulevard, Chicago, IL 60617	K-8	0.4 mi
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617	9-11	0.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2650 E 83rd St

Date

Details

Price

Change

Source

11/26/2024

Sold

$325,000

-7.12%

MLS

7/29/2024

Listed

$349,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
1,008
Sq. Ft.

Listed by Lisa Clemente (708) 268-8641

1424 S 57th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$259,900

1424 S 57th Ave Cicero, IL 60804

Single Family
Active
Updated 3 hours ago

3
Beds
1
Total Bath
1,104
Sq. Ft.

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Just Listed

$369,900

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Single Family
Active
Updated 1 day ago

5
Beds
2
Total Baths
1,066
Sq. Ft.

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Just Listed

$595,000

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Multi-Family
Active
Updated 1 day ago

6
Total Beds

4606 W Cermak Rd, Cicero, IL 60804 - Photo 1

Price Reduced

-$60,000 (-8.16%)

$675,000

4606 W Cermak Rd Cicero, IL 60804

Commercial
Active
Updated 15 hours ago

18,500
Sq. Ft.

Price Reduced

-$60,000 (-8.16%)

$675,000

4606 W Cermak Rd Cicero, IL 60804

Commercial
Active
Updated 15 hours ago

18,500
Sq. Ft.

Price Reduced

-$60,000 (-8.16%)

$675,000

4606 W Cermak Rd Cicero, IL 60804

Commercial
Active
Updated 15 hours ago

18,500
Sq. Ft.

1442 S 50th Ct, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-1.96%)

$499,000

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Multi-Family
Active
Updated 3 hours ago

8
Total Beds

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Sold

$295,000

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Multi-Family
Closed

5
Total Beds

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Sold

$280,000

8114 S Manistee Ave Chicago, IL 60617

Multi-Family
Closed

6
Total Beds

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Sold

$305,000

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Single Family
Closed

7
Beds
3
Total Baths
1,200
Sq. Ft.

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Sold

$329,800

8122 S Kingston Ave Chicago, IL 60617

Multi-Family
Closed

7
Total Beds

2650 E 83rd Street, Chicago, IL 60617 (MLS# 12123938) is a Multi-Family property that was sold at $325,000 on November 26, 2024. Want to learn more about 2650 E 83rd Street? Do you have questions about finding other Multi-Family 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.

2650 E 83rd St Chicago, IL 60617