2801 E 83rd Street Chicago, IL $ 265,000
2801 E 83rd Street
$ 265,000
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2801 E 83rd Street

Chicago, IL, 60617
$ 265,000
Baths0.0

Monthly Estimate*

$ 1,587

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Studio

Commercial Property for sale in Chicago, IL

for $265,000. This building was built in 1908 on a lot size of 0.07174.

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.

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Commercial Active

Price

$ 265,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 995

Style

Lot Size

0.07174

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12153916

Features
General
Cooling None
Year Built 1908
Electric Circuit Breakers
Tenant Pays Electricity Heat Other
Stories 2
Property SubType Mixed Use
Tax Year 2022
Gross Income 30600
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Take Jeffery South to 83rd and then East to 2801.
City Chicago
NumberOfUnitsTotal 2
MLS Area CHI - South Chicago
Lot Size Square Feet 3125
Tax Annual Amount 995.39
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Exterior
Lot Dimensions 25X125
Exterior Brick
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* Excluded Features
List By
First Midwest Realty Llc

Broker

Richard.Harnik@teamelite.realestate;richard.harnik@teamelite.realestate

Email

Affordability Calculator

$1,670
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,587
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2024$265,000 Listed Price

Map


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2801 E 83rd Street, Chicago, IL, 60617 is a Commercial Property for sale at $265,000 with a lot size of 0.07174. 2801 E 83rd Street is a studio with 0.0 baths and was built in 1908. The property's zip code is 60617 which is in Chicago, IL