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2748-2750 E 83rd St
Chicago, IL 60617
Multifamily Property For Sale
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8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 2,880 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2018 |
| Building Class | C | ||
| Zoning | B3-2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,880 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2018 |
| Zoning | B3-2 |
About 2748-2750 E 83RD ST , CHICAGO, IL 60617
Opportunity knocks in South Shore. Chicago's most sought after growing south side neighborhood. This 8 unit building presents an opportunity for an investor to add value while still acquiring cash flow. The late 1950's building comes fully equipped with separate heat and five fully remodeled units. Five of the units were remodeled this year. There is upside potential to raise current rents. An investor can add value by upgrading the remaining three units with modern finishes and adding laundry to the building. The exterior was tuckpointed in December 2016. A brand new 75 gallon water heater was installed in 2015. New gutter fascias, soffits and downsprouts were added this past year. This property is walking distance to the South Shore train line and the stop is 83rd and Exchange.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $592.50 | - |
Property Taxes
| Parcel Number | 21-31-130-019-0000 | Improvements Assessment | $17,570 |
| Land Assessment | $2,880 | Total Assessment | $20,450 |
Property Taxes
