Home Details for 1248 W 83rd Street

Price

$1,200,000

Type

Commercial Sale

Year built

1929

County

Cook

MLS Listing#

12638223

Property Description

The perfect 15-unit multifamily building for any investor looking for short or long term equity! Located in OPPORTUNITY ZONE! This building features 14 spacious 2-bedroom units plus one, 1-bedroom unit. Offering HIGH pro-forma cap rate, this property gives you immediate cash flow without the heavy lift of a full lease-up. The building also has the potential to add on-site laundry and tenant storage

Property Features

Listing Courtesy: Real People Realty - 815-469-7449

Based on information submitted to the MLS GRID as of 2026-05-05 02:50:53. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Last Updated: 2026-05-05 02:50:53

Transportation

Check the walk, transit, and bike score for

Neighborhood Market Statistics

See average values in the proximity of this property

Median Listing Price

Median Days on Site

Median Square Feet

Market statistics compiled from data from Midwest Real Estate Data.

EXIT TRUE DESIGN REALTY

11070 S. Western Ave. Unit 6 and 11, Chicago, IL 60643

Office

708 573 8801

Request more details

First Name

Last Name

Email Address

Phone Number

Options

Code: