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Six-Unit Apartment Building Renovation
New
For Sale
$389,000

8049 W 83rd Street, Justice, IL 60458

MULTI_FAMILY - Justice, IL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market7

Property Features for 8049 W 83rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 10
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 10, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 4, Bedroom 9, Bathroom 1, Bedroom 5
Directions Roberts rd to 83rd east to property
Subdivision Justice
Standard status Active
APN 18354020180000
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17161

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1969
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: RE/MAX 10 · RE/MAX International
Listed By: Khaled Muza · License #475124048
Added: Aug 3 Changed: Aug 8 Last Checked: Aug 9 at 4:06AM
MLS# 12722838

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit apartment building in Justice, Illinois, is a brick property constructed in 1969 on a 0.2301-acre lot. The building sustained substantial thunderstorm damage, including roof loss, water intrusion, and damage affecting portions of the structure. A comprehensive renovation is required, and the property is offered in its current as-is condition.

Zoned MULTI, the property is positioned as a redevelopment and major renovation project. The sale is limited to cash buyers, with due diligence required regarding repairs, permits, and applicable requirements. The property is located at 8049 W 83rd Street in Justice, within Cook County.

Key Highlights

  • Six‑unit apartment building on a 0.2301‑acre lot
  • Brick construction completed in 1969
  • Storm damage includes roof loss and water infiltration

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property requiring comprehensive storm-related repairs and renovation, offered as-is for cash buyers.
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 on a 0.2301‑acre lot; Brick construction completed in 1969; Storm damage includes roof loss and water infiltration
More about this property
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