2544 E 83rd St

Chicago, IL 60617
  • $350,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 4,920

    SqFt

About the Listing 84130 - 156446

Welcome to South Chicago's next premier business opportunity - a dynamic mixed-use property offering endless potential in a rapidly evolving corridor. Formerly home to two separate businesses, a bar and salon, this expansive commercial space has already undergone major improvements, including a brand-new tear-off roof and a completely gutted to the studs in preparation for a large-scale restaurant and bar concept. Architectural plans are included with the sale, creating a seamless path for your vision to become reality. Designed with flexibility in mind, the massive steel-framed structure offers a rare clear-span layout with uninterrupted floor-to-ceiling window lines, delivering exceptional natural light, visibility, and design possibilities. Whether you envision a trendy restaurant, upscale lounge, cafe, boutique retail space, gym, creative studio, or professional office, this property is ready to accommodate your next venture. Above the commercial space, the attached residential apartment provides the ultimate live/work opportunity, featuring three spacious bedrooms, one-and-a-half baths, and both front and rear outdoor decks perfect for relaxing or entertaining. A large gated backyard and expansive on-site parking add even more convenience and functionality. Included in the sale is an oversized 126 x 122 parking lot, a rare and valuable asset offering tremendous flexibility for customers, tenants, or future expansion. Ideally located near the future Quantum Computing Campus and surrounded by ongoing neighborhood investment and development projects, this property is positioned to benefit from continued growth, increased demand, and long-term value appreciation. This is a unique chance to establish your business, invest in a transforming community, and create something truly exceptional. Schedule your private tour today and explore the possibilities waiting in South Chicago!

Listing Highlights

Status Active
Days on Site 16
Property Type Commercial Sale
MLS ® 12649803
Year Built 1960
Total Square Footage 4,920
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Steam
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50X125
  • Zoning: OTHER
  • Roof: Rubber
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $4,380
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 21311260420000
  • Tax Year: 2024

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2544 E 83rd St Chicago, IL 60617

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Originating MLS: mred

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