1334-1344 W 83rd St, Chicago, IL 60620

Located in Chicago’s Auburn Gresham neighborhood on Chicago’s South Side, 1334-1344 W 83rd Street is a 13-unit apartment building totaling approximately 9,700 rentable square feet, with an average unit size of approximately 746 square feet. Built in 1927, the property is currently 0% occupied. The vacant status provides execution control and creates a path for investors to modernize the unit interiors, address deferred maintenance, reset rents, and reposition the asset within the surrounding rental market. The existing building configuration, unit count, and established residential location provide a functional foundation for a value-add business plan focused on reactivating housing supply and creating long-term cash flow. The property benefits from its position within Auburn Gresham, an established South Side residential community near Gresham, Chatham, Beverly, and Ashburn. The asset is located near key neighborhood amenities and outdoor destinations including Dan Ryan Woods, Foster Park, the Major Taylor Trail, and the Dr. Martin Luther King Jr. Roller Skating and Bowling Center. Dan Ryan Woods is a 257-acre South Side recreation destination with trails, fitness areas, sledding/snowboarding hills, and historic aqueducts, while Foster Park provides athletic fields, courts, a track, and an indoor swimming pool.