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Sold on 08/07/2018
Suni Karim of SK Properties Group, LLC

1656 E 83rd Pl, Chicago, IL 60617

  • $370,000

    Last sold 08/07/2018 for $370K

  • 3

    bed

  • 2

    bath

  • 10,000

    Sqft ($37/Sqft)

Multi-family not for sale
49 homes bought nearby with Movoto recently

About 1656 E 83rd Pl

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 6,473 Sqft
Movoto estimate
Rental estimate
Property description
8-unit multi-family investment. The composition of units is 3/2 bedrooms and 5/1 bedrooms. EACH UNIT HAS ITS OWN FURNACE. Hardwood floors throughout, the units are in very good condition. Recent Improvements include Tuckpointing/2013, Exterior windows replaced/2014, Roof overlay/2014, Rear porches/2012, Rear gate/2015. The property is located in the residential community of Avalon Park.
Listed by
Listing Agent - Suni Karim
Listing Office - SK Properties Group, LLC
Source: MRED mls logo
MLS#09752979 • last updated 7 years ago
Movoto checked MRED for data 1 hour ago
Overview
Cooling/AC None
Levels/Style 2
MLS # 9752979
Type Multi Family 5+
Lot Size (SqFt) 6473
Property Tax $ 7782
Year Built 1928
Interior
# Of Full Bthrms - Type 2 1
Exterior
Foundation Concrete Perimeter
Exterior Brick
Amenities / Utilities
# Units in Building 8
Location
County Cook
Directions East 83rd Street To 1656 E. 83rd Place. The Property Is On The South/west Corner.
APN 20363000360000
Zoning MULTI
Multifamily Details
Unit 1: Total # of Rooms 5
Unit 2: Total # of Rooms 5
Unit 2: # of Bedrooms 1
Unit 1: # of Bedrooms 2
Unit 1: # Full Bath 1
Expense: Electricity 739
Gross Rental Income 64560
Net Operating Income 45920
Total Annual Expense 18640
Gross Rent Multiplier 6.5
Total Annual Expense Source Actual
Expense: Water 1955
Expense: Insurance 3150
Total Annual Income 64560
$370K
Range: $333K-$407K
Last 30 days 
Rental est.: $1,316/month
Gross rent multiplier: 26.5
  • Aug 2018
    mls logo MLS # 09752979
  • Aug 7, 2018 Sold
    $370,000 (-11.7%)
  • Jun 18, 2018 Active
    —
  • Dec 9, 2017 Re-Activated
    —
  • Nov 17, 2017 Contingent
    —
  • Sep 16, 2017 Listed
    $419,000
  • 1656 E 83rd Pl
    $370K
  • Stony Island Park
    $257K 0% y/y
  • 60617
    $215K -6% y/y
  • Chicago
    $375K +4% y/y
No chart available
Statistics calculated by Movoto

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1/10
Chicago Vocational Career Academy High School
public Grades 9-12
Chicago Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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