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2544 E 83rd Street Chicago, IL 60617

$275,000
Active / MLS# 12711380 / Commercial - Business / Chicago
0 Beds
4920 SqFt

Welcome to South Chicago's next premier business opportunity - a dynamic mixed-use property offering endless potential in a rapidly evolving corridor. Formerly home to two separate businesses, a bar and salon, this expansive commercial space has already undergone major improvements, including a brand-new tear-off roof and a completely gutted to the studs in preparation for a large-scale restaurant and bar concept. Architectural plans are included with the sale, creating a seamless path for your vision to become reality. Designed with flexibility in mind, the massive steel-framed structure offers a rare clear-span layout with uninterrupted floor-to-ceiling window lines, delivering exceptional natural light, visibility, and design possibilities. Whether you envision a trendy restaurant, upscale lounge, cafe, boutique retail space, gym, creative studio, or professional office, this property is ready to accommodate your next venture. Above the commercial space, the attached residential apartment provides the ultimate live/work opportunity, featuring three spacious bedrooms, one-and-a-half baths, and both front and rear outdoor decks perfect for relaxing or entertaining. A large gated backyard and expansive on-site parking add even more convenience and functionality. Ideally located near the future Quantum Computing Campus and surrounded by ongoing neighborhood investment and development projects, this property is positioned to benefit from continued growth, increased demand, and long-term value appreciation. This is a unique chance to establish your business, invest in a transforming community, and create something truly exceptional. Schedule your private tour today and explore the possibilities waiting in South Chicago!

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Baird & Warner Jon Wise Agent Cell: 630.640.3767 Email

Property Details

Property Type: Commercial - Business
Cooling: Window Unit(s)
Lot Size: 0.14 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $4,380
Year Built: 1960

Feature Descriptions

Current Use: Commercial
Drains: Balcony/ies
Electric: Service - 101 to 200 Amps
Fire Protection: None
HVAC: Steam
Location: Mixed Use Area
Lot Dimensions: 50X125
Miscellaneous Outdoor: Balcony/ies
Parcel#: 21311260420000
Potential Use: Single Family
Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Other
Units: 3

Location

See details and scored characteristics about this location.

Listing Office: Fulton Grace Realty

Listing Office Phone: 773-698-6648



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