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$ 349,900
Est. payment /mo
Active Under Contract
2650 E 83rd Street Chicago, IL 60617
8 Beds
UPDATED:
09/15/2024 09:41 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12123938
Bedrooms 8
Year Built 1964
Annual Tax Amount $5,790
Tax Year 2023
Lot Dimensions 80X125
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.
Location
State IL
County Cook
Zoning OTHER
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony, Roof Deck
Garage Detached
Garage Spaces 5.0
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nicole Wheatly • EXIT Strategy Realty