2801 East 83rd Street

Chicago, IL 60617

$265,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible Investment Opportunity! This all-brick, mixed-use corner building offers approximately 2,700 square feet of total space, perfect for the existing restaurant or your new business venture. The second floor features a spacious 3-bedroom apartment, ideal for owner occupancy or additional rental income. Enjoy the benefits of a newer roof, updated electrical system, furnace, and hot water tank. The property also boasts a massive unfinished basement for potential expansion, an enclosed back porch,...Incredible Investment Opportunity! This all-brick, mixed-use corner building offers approximately 2,700 square feet of total space, perfect for the existing restaurant or your new business venture. The second floor features a spacious 3-bedroom apartment, ideal for owner occupancy or additional rental income. Enjoy the benefits of a newer roof, updated electrical system, furnace, and hot water tank. The property also boasts a massive unfinished basement for potential expansion, an enclosed back porch, and a fenced backyard for privacy.
  1. Listed by Richard Harnik • First Midwest Realty LLC
  2. Listed by Noe Cervantes • First Midwest Realty LLC

Property Details for 2801 East 83rd Street

Area
CHI - South Chicago
LISTING UPDATED: 09/09/2024 12:07 AM

Property Details for 2801 East 83rd Street

StatusActive
MLS #12153916
Days on Market194
Taxes$995 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1908
Lot Size0.07 AC / 3,125 SF
CountyCook County

Building Information for 2801 East 83rd Street

Stories2Residences2Year Built1908Lot Size0.07 AC / 3,125 SF

Property Information for 2801 East 83rd Street

General Information
Location and General Information
  • Geographic Locale: Chicago South
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25X125
  • Lot Size Square Feet: 3125.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: Other,Carbon Monoxide Detector(s)
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-09-03T18:53:43
  • Photos Count: 20
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $30,600.00
  • Gross Scheduled Income: $30,600.00
  • Insurance Expense: $.00
  • Total Monthly Income: 2550
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 2801 East 83rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2801 East 83rd Street

Taxable ValueLand$3,484Additions$5,516Total$9,000
Tax Record2022$1,851 ($154 / month)
Home Facts
Baths2.5Total Finished SqFt2,700 SqFtAbove Grade Finished SqFt2,700 SqFtStories2Lot Size3,484 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN21-31-400-001

Schools near 2801 East 83rd Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Charter - K to 8
Public - 6 to 12
Rating
School
Distance
Ninos Heroes Elementary Academic Center
PublicPK to 8

Epic Academy High School
Charter9 to 12

Great Lakes Academy
CharterK to 8

CAMELOT SAFE ACADEMY SCHOOL
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2801 East 83rd Street is a mixed use property for sale in Chicago, IL 60617. This property was listed for sale on September 3, 2024 by First Midwest Realty LLC, it's currently listed at $265,000. It has been on the market for a total of 194 days and was last sold on December 15, 2003. This listing's school district is Chicago Public Schools. Nearby schools include Ninos Heroes Elementary Academic Center, Epic Academy High School and Great Lakes Academy. 2801 East 83rd Street is a 0-bed, 0-bath, mixed use property built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Midwest Realty LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/09/2024 12:07 AM. 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.