2052 E 80th St Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $3,750/month
Highlights
- Gated Community
- 2.5 Car Detached Garage
- Baseboard Heating
- Corner Lot
- Forced Air Heating System
- Heating System Uses Steam
About This Home
Well-maintained and solid all-brick 4+1 unit building situated on an oversized lot in the desirable South Shore area of Chicago. The building features a desirable unit mix of two spacious 2-bedroom/1-bath units, two large 1-bedroom/1-bath units, and an additional 1-bedroom/1-bath garden unit. A detached all-brick garage provides additional income potential and added tenant convenience. Major mechanical updates have already been completed, including updated electrical and plumbing systems. The interiors have been thoughtfully upgraded with new flooring, modernized kitchens, updated bathrooms, and newer appliances-creating a truly turnkey investment. Adding even more value, the finished basement includes a 1-bedroom apartment with an ACTIVE Airbnb license, offering immediate short-term rental income potential. This rare feature creates a powerful opportunity to maximize cash flow through a combination of long-term and short-term rental strategies. The location is just minutes from the lakefront, beaches, and parks, and in close proximity to the highly anticipated Barack Obama Presidential Center, adding strong future growth and appreciation potential. This well-cared-for property presents a strong opportunity for investors seeking multiple income streams or for an owner-occupant looking to balance their mortgage with rental and short-term income. A versatile asset with built-in upside-ready for its next owner.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,228
Year Built
- Built in 1926 | Remodeled in 2024
Lot Details
- Lot Dimensions are 26 x 150
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2.5 Car Detached Garage
- Parking Available
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 5 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Community Details
- 4 Units
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,642 | $31,000 | $2,936 | $28,064 |
| 2024 | $4,642 | $31,000 | $2,936 | $28,064 |
| 2023 | $4,525 | $22,000 | $4,894 | $17,106 |
| 2022 | $4,525 | $22,000 | $4,894 | $17,106 |
| 2021 | $4,424 | $21,999 | $4,893 | $17,106 |
| 2020 | $3,689 | $16,558 | $3,523 | $13,035 |
| 2019 | $3,780 | $18,816 | $3,523 | $15,293 |
| 2018 | $3,717 | $18,816 | $3,523 | $15,293 |
| 2017 | $4,577 | $21,263 | $3,132 | $18,131 |
| 2016 | $4,259 | $21,263 | $3,132 | $18,131 |
| 2015 | $3,896 | $21,263 | $3,132 | $18,131 |
| 2014 | $3,371 | $20,738 | $2,740 | $17,998 |
| 2013 | $3,294 | $20,738 | $2,740 | $17,998 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | Pending | -- | -- | -- | |
| 02/27/2026 02/27/26 | For Sale | $599,900 | +66.2% | -- | |
| 05/18/2023 05/18/23 | Sold | $361,000 | +3.1% | $83 / Sq Ft | View Prior Sale |
| 03/25/2023 03/25/23 | Pending | -- | -- | -- | |
| 03/21/2023 03/21/23 | For Sale | $350,000 | -- | $80 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12579497
APN: 20362010370000
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Ask me questions while you tour the home.