2650 E 83Rd Street, Chicago, Illinois 60617

$325,000
8
BD
4
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$325,000
List Price
$349,900
Closing Date
Nov 26, 2024
MLS#
12123938
Status
CLOSED
Type
Multifamily
Subtype
Residential Income
Bedrooms
8
Bathrooms
4
County
Cook
City
Chicago
Neighborhood
South Chicago
Days On Market
28

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.

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2023
Tax Exemptions
Homeowner, Senior, Disabled Vet
Tax Amount
$5,790
Year Built
1964
Exterior Property Features
Balcony, Roof Deck
Lot Dimensions
80X125
Lot Size Range
Less Than .25 Acre
Units
2
Garage Spaces
5
Parking Spaces
5
Parking Details
Garage Door Opener, Garage, On Site, Garage Owned, Detached
Heating
Natural Gas
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid

Selling Office: Coldwell Banker Realty.



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is 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.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. 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.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.