Autoria Morrow
A Morrow Properties
(855) 724-1809
46 Total Sales
3 in South Chicago
$256K - $404K Price Range
2537 E 83rd St Chicago, IL 60617
South Chicago Neighborhood
--
Bed
--
Bath
10,980
Sq Ft
0.25
Acre Lot
Highlights
- 0.25 Acre Lot
- Courtyard
- Floor Furnace
- Corner Lot
- Baseboard Heating
- Walk-Up Access
About This Home
As of November 2025Located in the South Chicago area, this impressive 13-unit California-style building presents a rare opportunity to build significant equity. Each unit offers 1/BED 1 BATH, a separate living and dining room, and a spacious kitchen. While all units require a FULL renovation, upgrading the units with stainless steel appliances, in-unit laundry, and modern fixtures could greatly enhance rental potential to $1200 per unit. Once fully stabilized, the property offers forecasted rental income of $15,600 per month ($187,200 annually). The property features a BRAND-NEW steel porch approved by the City of Chicago in July 2025. There's Additional parking alongside the building. Currently, only 4 of the 13 units are rented. This is a prime opportunity for an investor looking to unlock long-term income in a rapidly evolving location. The building is close to grocery stores, U.S. 41, and public transportation making it highly attractive for future tenants. Property is being sold AS-IS.
Last Agent to Sell the Property
Coldwell Banker Realty License #475119631 Listed on: 09/28/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,481
Year Built
- Built in 1967
Lot Details
- 10,980 Sq Ft Lot
- Lot Dimensions are 122x90
- Corner Lot
Parking
- 6 to 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 10,980 Sq Ft Home
- 2-Story Property
- Walk-Up Access
Outdoor Features
- Courtyard
Utilities
- Window Unit Cooling System
- Floor Furnace
- Radiator
- Baseboard Heating
- Radiant Heating System
Community Details
- 13 Units
- Gross Income $15,600
Listing and Financial Details
- Tenant pays for electricity
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.2%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Chicago, IL
-
Autoria Morrow
-
Sandy Ortiz-Ramirez
Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
144 Total Sales
1 in South Chicago
$65,000 Price
-
Lisa Magidson
Lisa Magidson
North Clybourn Group, Inc.
(888) 367-2916
142 Total Sales
2 in South Chicago
$390K - $407K Price Range
-
Nina Gaspich
Nina Gaspich
Century 21 Universal
(888) 619-8756
42 Total Sales
3 in South Chicago
$28K - $743K Price Range
-
Melanie Miller/ Eunique Gill
Melanie Miller/ Eunique Gill
Keller Williams ONEChicago
(312) 779-6603
198 Total Sales
4 in South Chicago
$250K - $420K Price Range
-
Brandy Bell
Brandy Bell
Baird & Warner
(888) 774-4398
58 Total Sales
1 in South Chicago
$268,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Carrington Title Corp |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $150,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Sold | $539,900 | 0.0% | $49 / Sq Ft |
| 09/30/2025 09/30/25 | Pending | -- | -- | -- |
| 09/28/2025 09/28/25 | For Sale | $539,900 | -- | $49 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,481 | $66,500 | $10,980 | $55,520 |
| 2024 | $9,481 | $66,500 | $10,980 | $55,520 |
| 2023 | $9,243 | $44,939 | $9,882 | $35,057 |
| 2022 | $9,243 | $44,939 | $9,882 | $35,057 |
| 2021 | $9,037 | $44,938 | $9,882 | $35,056 |
| 2020 | $12,062 | $54,145 | $9,882 | $44,263 |
| 2019 | $10,878 | $54,145 | $9,882 | $44,263 |
| 2018 | $10,695 | $54,145 | $9,882 | $44,263 |
| 2017 | $11,317 | $52,569 | $8,235 | $44,334 |
| 2016 | $10,529 | $52,569 | $8,235 | $44,334 |
| 2015 | $9,633 | $52,569 | $8,235 | $44,334 |
| 2014 | $9,681 | $52,178 | $8,235 | $43,943 |
| 2013 | $9,490 | $52,178 | $8,235 | $43,943 |
Source: Public Records
Agents Affiliated with this Home
-
Janina Farr
Seller's Agent in 2025
Janina Farr
Coldwell Banker Realty
(773) 915-3900
4 in this area
48 Total Sales
-
Kathy OBrien
Buyer's Agent in 2025
Kathy OBrien
eXp Realty
(847) 331-3775
2 in this area
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12475012
APN: 21313030540000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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