NEW! Buy and sell safely with virtual options - Learn More
About the Listing 86831 - 880924
Well-maintained and solid all-brick 4+1 unit building situated on an oversized lot in the desirable South Shore area of Chicago. The building features a desirable unit mix of two spacious 2-bedroom/1-bath units, two large 1-bedroom/1-bath units, and an additional 1-bedroom/1-bath garden unit. A detached all-brick garage provides additional income potential and added tenant convenience. Major mechanical updates have already been completed, including updated electrical and plumbing systems. The interiors have been thoughtfully upgraded with new flooring, modernized kitchens, updated bathrooms, and newer appliances-creating a truly turnkey investment. Adding even more value, the finished basement includes a 1-bedroom apartment with an ACTIVE Airbnb license, offering immediate short-term rental income potential. This rare feature creates a powerful opportunity to maximize cash flow through a combination of long-term and short-term rental strategies. The location is just minutes from the lakefront, beaches, and parks, and in close proximity to the highly anticipated Barack Obama Presidential Center, adding strong future growth and appreciation potential. This well-cared-for property presents a strong opportunity for investors seeking multiple income streams or for an owner-occupant looking to balance their mortgage with rental and short-term income. A versatile asset with built-in upside-ready for its next owner.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
12579497
Year Built
1926
Total Square Footage
0
Lot/Acreage
26 X 150
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air,Steam,Baseboard,Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full,Walk-Out Access
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Lot Dimensions: 26 X 150
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Driveway,Garage
Financial Details
- Tax Amount: $6,228
- Taxes w/Assessments: N/A
- Tax/Property ID: 20362010370000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2052 E 80th St Chicago, IL 60617
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
