1434-1444 W 83rd St Chicago, IL 60620

Building Details

Year Built

1925

Listing office Colliers - Chicago Downtown, Illinois Show Phone

Listing date May 22, 2026

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Chicago Downtown, Illinois

Report an issue

---

Investment Insights

Based on property information with market context.

Located in Chicago’s Auburn Gresham neighborhood, the property at 1434-1444 W 83rd Street is a 13-unit apartment building totaling approximately 9,325 rentable square feet. The building was constructed in 1925. The average unit size is approximately 717 square feet. Currently 50% occupied, the asset presents a value-add and repositioning opportunity. The existing occupancy profile allows investors to address deferred maintenance, renovate vacant or underperforming units, and reposition the property for improved occupancy and cash flow. The building's scale, established residential setting, and partial occupancy provide a foundation for a value-add strategy focused on renovation, stabilization, and long-term income generation. The property is located along the W 83rd Street corridor in Auburn Gresham, near Gresham, Chatham, Beverly, Ashburn, and Greater Grand Crossing. The surrounding area offers access to neighborhood-serving retail, public transit corridors, schools, parks, and South Side recreation assets. Nearby amenities include Dan Ryan Woods, Foster Park, Major Taylor Trail, and the Dr. Martin Luther King Jr. Roller Skating and Bowling Center.

Key Highlights

• Value‑add and repositioning opportunity in Chicago's Auburn Gresham neighborhood.
• 13‑unit apartment building (approximately 9,325 rentable square feet) with 50% occupancy, allowing for immediate renovation and lease‑up potential.
• Acquire a multifamily asset at an attractive basis with operational and physical upside.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $949,000

  4,055 SF

  Corner Development Site in Chicago

  High-visibility corner lot with development potential in Belmont Heights/Dunning.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $649,000

  2,176 SF

  Turnkey Restaurant Opportunity in Chicago

  Below-market lease in East Lakeview, fully equipped restaurant with assets.

  420 W Belmont Avenue, Chicago, IL 60657

  View Details
• 

  $759,000

  5,000 SF

  Prime Retail Space in Chicago

  Commercial property in a high-traffic retail district.

  4411 N Kedzie Avenue, Chicago, IL 60625

  View Details
• 

  $1,295,000

  9,744 SF

  Chicago Office Building with Parking

  Two-story office building in Chicago's Clearing neighborhood.

  6350 W 63rd Street, Chicago, IL 60638

  View Details
• 

  $799,000

  5,000 SF

  Mixed-Use Building in Irving Park

  Meticulously maintained mixed-use building with income potential and redevelopment flexibility.

  4369 N Elston Avenue, Chicago, IL 60641

  View Details
• 

  $1,700,000

  Convenience Store Retail Building with Parking

  Turnkey convenience store in brick masonry with outdoor parking, surveillance, workstations, and restrooms—ready for immediate operation.

  5132 S Racine Avenue, Chicago, IL 60609

  View Details
• 

  $459,000

  3,000 SF

  Chicago Commercial Buildings For Sale

  Three commercial buildings in a busy Chicago neighborhood retail location.

  1753-1759 W 79th Street, Chicago, IL 60620

  View Details
• 

  $749,000

  Corner Retail Suite in New Elevator Building

  New construction corner space in an 18-unit elevator building with optional street parking acquisition.

  1445 W Chicago Avenue, Chicago, IL 60642

  View Details
• 

  $529,900

  4,200 SF

  Mixed-Use Property in Belmont Cragin

  Two-story mixed-use property with commercial and residential space.

  5037 W Diversey Avenue, Chicago, IL 60639

  View Details
• 

  $285,000

  10,150 SF

  Mixed-Use Commercial Property, Chicago

  High-traffic location with mixed-use potential on Chicago's South Side.

  10610 S Vincennes Avenue, Chicago, IL 60643

  View Details
• 

  $549,000

  1,900 SF

  Southport Corridor Storefront Opportunity

  Prime commercial condo in high-traffic Chicago retail district.

  2836 N Southport Avenue, Chicago, IL 60657

  View Details
• 

  $2,450,000

  12,000 SF

  Chicago Motel Near Cottage Grove

  37-room motel in Greater Grand Crossing community for sale.

  9112 S Cottage Grove Avenue, Chicago, IL 60619

  View Details

FAQs

What type of property is this?

Apartment building - 13-unit apartment building in Chicago's Auburn Gresham neighborhood.

Where is this apartment building located?

The property is located at 1434-1444 W 83rd St Chicago, IL.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Value‑add and repositioning opportunity in Chicago's Auburn Gresham neighborhood.; 13‑unit apartment building (approximately 9,325 rentable square feet) with 50% occupancy, allowing for immediate renovation and lease‑up potential.; Acquire a multifamily asset at an attractive basis with operational and physical upside.