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542 East 80Th St Chicago, IL 60619

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For Sale
$850,000

11-unit building with strong rental demand in Chicago's East Chatham.

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Listing Contact
Brian Mond
Brian Mond
Source: 33realty

Listing Agent: Brian Mond

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

East Chatham Multifamily Investment Property

The property at 542 E 80th Street is an established multifamily building located in the East Chatham area of Chicago. The building features 11 apartments, including ten two-bedroom units and one one-bedroom unit. This unit mix is designed to meet the demands of long-term renters in the neighborhood. East Chatham is part of the broader Chatham community area on Chicago’s South Side. The area has been a cornerstone of Chicago’s middle-class African American community and has played an important role in the city’s social and civic history since the late 1950s. The area encompasses several distinct neighborhoods, including East Chatham, West Chatham, Chatham-Avalon, Chesterfield, and Chatham Club, all of which contribute to the community’s strong residential identity and long-standing neighborhood pride. The property is situated on a calm South Side block, near transit lines and daily conveniences, and represents a multifamily investment opportunity.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6103896
Latitude
41.749528

FAQs

What type of property is this?
Apartment building - 11-unit building with strong rental demand in Chicago's East Chatham.
Where is this apartment building located?
The property is located at 542 East 80Th St Chicago, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: - 11-unit multifamily building in East Chatham, Chicago.; - Favorable unit mix featuring 10 two-bedroom units and 1 one-bedroom unit.; - **Two-bedroom layouts cater to long-term renter demand.**
More about this property
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