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  • $325,000

    2650 E 83rd St, Chicago, IL 60617

    8beds
    --sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $429,900 Zestimate®
    $--/sqft
    $1,572 Estimated rent

    Home value

    $429,900

    $365,000 - $486,000

    $1,572/mo

    Zestimate® history
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    $2,292/mo

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    $2,292/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Nicole Wheatly 312-554-5478,

    EXIT Strategy Realty

    Bought with:

    Donald Robinson

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12123938MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Door Opener, Garage, On Site, Garage Owned, Detached
    • Garage spaces: 5
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Roof Deck, Deck
    • Exterior features: Balcony
    Lot
    • Size: 10,000 sqft
    • Dimensions: 80X125
    Details
    • Additional structures: Second Garage
    • Additional parcels included: 21311280420000,21311280410000
    • Parcel number: 21311280430000
    • Zoning: OTHER
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/26/2024Sold$325,000-7.1%
    Source: MRED as distributed by MLS GRID #12123938 Report a problem
    9/15/2024Contingent$349,900
    Source: MRED as distributed by MLS GRID #12123938 Report a problem
    7/29/2024Listed for sale$349,900
    Source: MRED as distributed by MLS GRID #12123938 Report a problem
    5/11/2024Listing removed$349,900
    Source: Exit Realty #11869334 Report a problem
    4/17/2024Listed for sale$349,900
    Source: MRED as distributed by MLS GRID #11869334 Report a problem
    2/24/2024Contingent$349,900
    Source: MRED as distributed by MLS GRID #11869334 Report a problem
    8/26/2023Listed for sale$349,900-1.4%
    Source: MRED as distributed by MLS GRID #11869334 Report a problem
    1/9/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11670562 Report a problem
    12/12/2022Price change$355,000-5.3%
    Source: MRED as distributed by MLS GRID #11670562 Report a problem
    11/23/2022Price change$374,999-6%
    Source: MRED as distributed by MLS GRID #11670562 Report a problem
    11/10/2022Listed for sale$399,000+1%
    Source: MRED as distributed by MLS GRID #11670562 Report a problem
    8/31/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11474818 Report a problem
    7/26/2022Listed for sale$395,000-3.7%
    Source: MRED as distributed by MLS GRID #11474818 Report a problem
    7/23/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11435122 Report a problem
    6/15/2022Listed for sale$410,000+57.7%
    Source: MRED as distributed by MLS GRID #11435122 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    5/13/2017Listing removed$1,770
    Source: Owner Report a problem
    5/6/2017Listed for rent$1,770
    Source: Owner Report a problem
    3/7/2003Sold$260,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $24,100 -3.6%
    2023$2,132 -45%$25,000
    2022$3,876 $25,000
    2021-- $25,000 +73.3%
    2020$1,832 -6.2%$14,429 -13%
    2019$1,954 +1.8%$16,585
    2018$1,919 -27.6%$16,585 -26.9%
    2017$2,652 -12.7%$22,700
    2016$3,036 +4%$22,700
    2015$2,918 -23.2%$22,700 +10.9%
    2014$3,798 +30.8%$20,470
    2013$2,903 -0.1%$20,470
    2012$2,906 -3.4%$20,470 -22.3%
    2011$3,009 +10.6%$26,346
    2010$2,720 -14.6%$26,346
    2009$3,183 +37%$26,346 +15%
    2008$2,323 +10.5%$22,911
    2007$2,102 +0.8%$22,911 -14.3%
    2006$2,086 -5.1%$26,725 +40.6%
    2005$2,199 +1.9%$19,004
    2004$2,158 +4.5%$19,004
    2003$2,066 -5.4%$19,004 +35.9%
    2002$2,184 +5.5%$13,980
    2001$2,070 +21.9%$13,980
    2000$1,698 $13,980 +33.1%
    1999$1,698 $10,500

    Find assessor info on the county website

    Neighborhood: South Chicago

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $429,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $429,900