2052 80th Street, South Chicago, Chicago, Illinois 60617
$599,900
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1926 |
| Property Taxes: | $6,228 |
| Days On Market: | 2 |
| Lot Size: | 0,00 |
Description
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 Specifics
| Multi-unit | |
| — | |
| — | |
| 1926 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| 12579497 | |
| 20362010370000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 16 Jan, 2020 | Sold | $113,500 | MRED MLS |
| 10 Nov, 2019 | Under contract | $110,000 | MRED MLS |
| — | Last price change | $115,000 | MRED MLS |
| 25 Jul, 2019 | Listed for sale | $130,000 | MRED MLS |
| 18 May, 2023 | Sold | $361,000 | MRED MLS |
| 30 Mar, 2023 | Under contract | $350,000 | MRED MLS |
| 21 Mar, 2023 | Listed for sale | $350,000 | MRED MLS |
| 27 Feb, 2026 | Listed for sale | $599,900 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2.5 | |
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| 26 X 150 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2020 | $695 |
| 2023 | $4,424 |
| 2026 | $6,228 |
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Listing Provided By
Coldwell Banker Realty
