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2650 E 83rd Street

Chicago, IL 60617
  • $349,900
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: 11869334
$349,900
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

School District:
299

Description

Discover a truly remarkable investment opportunity in the heart of Chicago, Illinois, with this expansive two-flat brick building that seamlessly blends residential comfort with entrepreneurial potential. This extraordinary property boasts a generous footprint of approximately 4700 square feet, encompassing three spacious lots each with impressive measurements. There are three separate pin numbers: 21311280430000 (This pin number sits on two lots which is the physical building including an attached garage) and we have two additional pin numbers and lots 21311280410000 and 21311280420000.) The combination of size, location, and adaptability makes this offering a rare gem in the bustling Chicago real estate landscape. This property is zoned as a 2-flat building. It is not a mixed-use property, but the current owner is utilizing their first floor apartment as a home-based business. Take advantage of this unique opportunity to acquire a property that offers both an exceptional living space and the chance to fulfill your business aspirations. Arrange a viewing today and explore the endless possibilities that await within this two-flat brick building in the heart of Chicago. Don't miss out on this chance to shape your future and make your mark on the city's landscape. Contact us now to schedule your private tour. Size and Space: Spread across four lots, this oversized two-flat building provides ample room to stretch out and explore numerous creative endeavors. With a total of 4 lots there's more than enough space to bring your vision to life. Charming Brick Facade: The exterior of the building exudes classic Chicago charm with its sturdy and enduring brick facade. A timeless aesthetic that fits seamlessly into the neighborhood's character. Income Potential: Whether you're an astute investor or an entrepreneur seeking a live-work space, this property offers a world of income possibilities. The two-flat layout allows for dual rental income streams, while the generous lot size provides ample room for expansion or customization. Home-Based Business Paradise: This property isn't just a residence; it's a canvas for entrepreneurial dreams. Imagine operating a thriving home-based business while enjoying the comforts of home just steps away. The expansive space provides the ideal setting to turn your passion into a reality. Prime Location: Situated in a prime the South Chicago location around major upcoming development (10 minutes from the President Obama Library, 2 miles walking distance from the lakefront, Close to Jackson Park, South Shore Cultural Center and new attractive development projects) this property benefits from its proximity to major transportation routes, vibrant commercial districts, and essential amenities. Enjoy the convenience of city living without the tranquility of a residential setting. Must-See Potential: The combination of size, location, and versatility makes this property a true must-see. Whether you're an investor, an entrepreneur, or someone looking for a distinctive residence, this offering is brimming with potential waiting to be realized.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-22T08:33:40.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2650 E 83rd Street Chicago, IL 60617

  • Price: $349,900
  • Status: Active
  • On Site: 240 Days
  • MLS #: 11869334
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
Chi - South Chicago
County:
Cook
Area:
Chi - South Chicago
School District:
299
Property Description
Discover a truly remarkable investment opportunity in the heart of Chicago, Illinois, with this expansive two-flat brick building that seamlessly blends residential comfort with entrepreneurial potential. This extraordinary property boasts a generous footprint of approximately 4700 square feet, encompassing three spacious lots each with impressive measurements. There are three separate pin numbers: 21311280430000 (This pin number sits on two lots which is the physical building including an attached garage) and we have two additional pin numbers and lots 21311280410000 and 21311280420000.) The combination of size, location, and adaptability makes this offering a rare gem in the bustling Chicago real estate landscape. This property is zoned as a 2-flat building. It is not a mixed-use property, but the current owner is utilizing their first floor apartment as a home-based business. Take advantage of this unique opportunity to acquire a property that offers both an exceptional living space and the chance to fulfill your business aspirations. Arrange a viewing today and explore the endless possibilities that await within this two-flat brick building in the heart of Chicago. Don't miss out on this chance to shape your future and make your mark on the city's landscape. Contact us now to schedule your private tour. Size and Space: Spread across four lots, this oversized two-flat building provides ample room to stretch out and explore numerous creative endeavors. With a total of 4 lots there's more than enough space to bring your vision to life. Charming Brick Facade: The exterior of the building exudes classic Chicago charm with its sturdy and enduring brick facade. A timeless aesthetic that fits seamlessly into the neighborhood's character. Income Potential: Whether you're an astute investor or an entrepreneur seeking a live-work space, this property offers a world of income possibilities. The two-flat layout allows for dual rental income streams, while the generous lot size provides ample room for expansion or customization. Home-Based Business Paradise: This property isn't just a residence; it's a canvas for entrepreneurial dreams. Imagine operating a thriving home-based business while enjoying the comforts of home just steps away. The expansive space provides the ideal setting to turn your passion into a reality. Prime Location: Situated in a prime the South Chicago location around major upcoming development (10 minutes from the President Obama Library, 2 miles walking distance from the lakefront, Close to Jackson Park, South Shore Cultural Center and new attractive development projects) this property benefits from its proximity to major transportation routes, vibrant commercial districts, and essential amenities. Enjoy the convenience of city living without the tranquility of a residential setting. Must-See Potential: The combination of size, location, and versatility makes this property a true must-see. Whether you're an investor, an entrepreneur, or someone looking for a distinctive residence, this offering is brimming with potential waiting to be realized.
Exterior Features

Exterior Building Type Brick Exterior Features BalconyRoof Deck Garage Details Garage Door Opener(s)Multiple Garages Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 2 Story Unit/sOther Other Structures Second Garage Parking Details Garage Parking Total 5 Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 2 Half Baths In Building 2 Heating Natural Gas Rooms Total 14

Property Features

Additional Parcels YN Yes Age 51-60 Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2456.78 Tax Year 2021 Total Numberof Unitsin Building 2 Township Hyde Park Type Two to Four Units Water Source Lake Michigan Zoning OTHER

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of EXIT Strategy Realty: 312-554-5478.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-22T08:33:40.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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