Renovated 9-Unit Apartment
For Sale
Contact for pricing
1656 E 83rd Place, Chicago, IL 60617
Updated apartments feature hardwood floors, renovated kitchens and baths, and individual furnaces.
Property SizeContact for details
Days on Market142
Property Features for 1656 E 83rd Place
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
5 x 2bd/1ba, 4 x 1bd/1ba
Multifamily Units
9
Building Details
Buildings
1
Listing Agency:
Kiser Group
Listed By:
Noah Birk · License #IL 475.125864
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 10:12PM
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 Kiser Group
Investment Insights
Based on property information with market context.
This 9-unit apartment building in Chicago’s Avalon Park neighborhood includes five 2-bedroom/1-bath apartments and four 1-bedroom/1-bath apartments. Each unit includes separate living and dining rooms, hardwood flooring, updated kitchens and baths, and an individual furnace. Building improvements include a newer roof, updated copper plumbing, and an upgraded exterior porch system.
The property is positioned on E. 83rd Place among single-family residences and is near retail and grocery options along 83rd Street. The building is also five blocks from Avalon Park, which offers playgrounds, pools, an outdoor fieldhouse, and basketball courts, with highway access located nearby.
The property is positioned on E. 83rd Place among single-family residences and is near retail and grocery options along 83rd Street. The building is also five blocks from Avalon Park, which offers playgrounds, pools, an outdoor fieldhouse, and basketball courts, with highway access located nearby.
Key Highlights
- 9‑unit apartment building with five 2bd/1ba and four 1bd/1ba units
- All units include hardwood flooring, living rooms, dining rooms, updated kitchens, and updated baths
- Individual furnaces serve each apartment
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Explore this area
Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartments feature hardwood floors, renovated kitchens and baths, and individual furnaces.
Where is this apartment building located?
The property is located at 1656 E 83rd Place Chicago, IL.
What are key features of this property?
This property features: 9‑unit apartment building with five 2bd/1ba and four 1bd/1ba units; All units include hardwood flooring, living rooms, dining rooms, updated kitchens, and updated baths; Individual furnaces serve each apartment
