Six-Unit Apartment
For Sale
$389,000
Pending
8049 W 83rd Street, Justice, IL 60458
Storm-damaged multifamily property requiring complete renovation and redevelopment.
Property SizeContact for details
Days on Market10
Property Features for 8049 W 83rd Street
General Information
Standard status
Pending
Property subtype
Commercial
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$17,161
Building Details
Year Built
1969
Stories
3
Units
6
Listing Agency:
RE/MAX 10
(773) 592-7091
Listed By:
Khaled Muza · License #475124048
Source:
Jjillrealtygroup
Added: Aug 20
Changed: Aug 28
Last Checked: Aug 28 at 9:05PM
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 RE/MAX 10
Investment Insights
Based on property information with market context.
This six-unit apartment building was constructed in 1969 and is zoned MULTI. The property sustained substantial storm-related damage, including roof loss, water intrusion, and damage affecting portions of the structure. A comprehensive renovation is required, making the asset a redevelopment project rather than an immediately occupiable property.
The building is located at 8049 W 83rd Street in Justice, Illinois. The sale is offered on an as-is, cash-only basis, with the purchaser responsible for evaluating repairs, permits, and applicable requirements. The property may suit an experienced investor or contractor prepared to undertake extensive reconstruction and due diligence.
The building is located at 8049 W 83rd Street in Justice, Illinois. The sale is offered on an as-is, cash-only basis, with the purchaser responsible for evaluating repairs, permits, and applicable requirements. The property may suit an experienced investor or contractor prepared to undertake extensive reconstruction and due diligence.
Key Highlights
- Six‑unit apartment building at 8049 W 83rd Street, Justice, IL 60458
- Built in 1969
- MULTI zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 60458, IL
14,504
Population
5,710
Households
2.5
Avg Household Size
36
Median Age
17%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
5,001
Density / Sq Mi
$59,443
Median Household Income
$37,490
Median Earnings
$1,219
Median Rent
$223,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Storm-damaged multifamily property requiring complete renovation and redevelopment.
Where is this apartment building located?
The property is located at 8049 W 83rd Street Justice, IL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Six‑unit apartment building at 8049 W 83rd Street, Justice, IL 60458; Built in 1969; MULTI zoning
