Mixed-Use Property with Live-Work
For Sale
$275,000
2544 E 83rd Street, Chicago, IL 60617
Steel-framed commercial space pairs with an attached residential unit and gated outdoor areas.
Property Size4,920 SF
Days on Market44
Property Features for 2544 E 83rd Street
General Information
Standard status
Active
Size
4,920 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,380
Amenities
front and rear outdoor decks
large gated backyard
Building Details
Building Size
4,920 SF
Year Built
1960
Stories
2
Units
3
Construction
steel frame
Listing Agency:
Fulton Grace Realty
(773) 698-6648
Listed By:
Richard Lomax · License #471019124
(773) 698-6648
Source:
Cavanaghrealty
Added: Jul 21
Changed: Aug 31
Last Checked: Sep 1 at 7:31PM
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 Fulton Grace Realty
Investment Insights
Based on property information with market context.
This mixed-use property combines a substantially improved commercial building with an attached residential apartment. The steel-framed commercial area was gutted to the studs and includes a clear-span interior, extensive floor-to-ceiling window lines, and a new tear-off roof. Architectural plans are included for a restaurant and bar concept. The open configuration may also accommodate other commercial formats identified in the property information, including retail, office, gym, cafe, lounge, or creative studio uses.
The upper residential component provides three bedrooms, one-and-a-half baths, and front and rear outdoor decks. A gated backyard and on-site parking add functional outdoor space for the property. The building dates to 1960 and is located at 2544 E 83rd Street in Chicago, near the future Quantum Computing Campus and ongoing neighborhood investment and development projects.
The upper residential component provides three bedrooms, one-and-a-half baths, and front and rear outdoor decks. A gated backyard and on-site parking add functional outdoor space for the property. The building dates to 1960 and is located at 2544 E 83rd Street in Chicago, near the future Quantum Computing Campus and ongoing neighborhood investment and development projects.
Key Highlights
- Steel‑framed clear‑span commercial area with floor‑to‑ceiling window lines
- New tear‑off roof and commercial interior gutted to the studs
- Architectural plans included for a restaurant and bar concept
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
781
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 Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Steel-framed commercial space pairs with an attached residential unit and gated outdoor areas.
Where is this mixed-use property located?
The property is located at 2544 E 83rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Steel‑framed clear‑span commercial area with floor‑to‑ceiling window lines; New tear‑off roof and commercial interior gutted to the studs; Architectural plans included for a restaurant and bar concept
