Multifamily Housing
2800 East 81st Street Chicago, IL 60617
Details & Description
Price: $400,000
    SVN Chicago Commercial is pleased to present an 8-unit multifamily property located in Chicago's south side neighborhood of South Shore. The building, located in a qualified opportunity zone, is subject to preferential tax treatment and includes [8] 2 bedroom, 1 bath units. Recent improvements include individual gas forced heat, hot water tank [2013], and vinyl windows. The property, built in 1928, is zoned RS-3 and situated on a 6,000 sqft. parcel of land.HighlightsWell Managed & Maintained: 100% OccupiedIndividual Gas Forced FurnacesDesirable Unit Mix: [8] 2 Bedroom, 1 BathProximity to Public Transportation
    Listing Agents
    Jeffrey Baasch

    O: 312-676-1873
    M: 312-286-0141
    Jeffrey.baasch@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2800 East 81st Street

    Chicago, IL 60617

    South Shore 8-Unit Multifamily

    Listing ID: 219478
    • 2800 East 81st Street Chicago, IL 60617 | for Sale | Photo 1
    • 2800 East 81st Street Chicago, IL 60617 | for Sale | Photo 2
    • 2800 East 81st Street Chicago, IL 60617 | for Sale | Photo 3
    2800 East 81st Street | for Sale | Thumbnail 1
    2800 East 81st Street | for Sale | Thumbnail 2
    2800 East 81st Street | for Sale | Thumbnail 3
    Building Size: 6,800 SF
    Lot Size: 0.138 AC
    Land Size: 6,000 SF
    Building $/SF: $58.82
    Land $/SF: $66.67
    Price
    $400,000
    Description

    SVN Chicago Commercial is pleased to present an 8-unit multifamily property located in Chicago's south side neighborhood of South Shore. The building, located in a qualified opportunity zone, is subject to preferential tax treatment and includes [8] 2 bedroom, 1 bath units. Recent improvements include individual gas forced heat, hot water tank [2013], and vinyl windows. The property, built in 1928, is zoned RS-3 and situated on a 6,000 sqft. parcel of land.

    Highlights

    Well Managed & Maintained: 100% Occupied

    Individual Gas Forced Furnaces

    Desirable Unit Mix: [8] 2 Bedroom, 1 Bath

    Proximity to Public Transportation

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 2800 East 81st Street Chicago, IL 60617

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population38,700173,853399,867
    Population Median Age363938
    Population by Age0-9 Yrs5556 (14%)22003 (12%)46316 (11%)
    10-19 Yrs5353 (13%)21899 (12%)50368 (12%)
    20-29 Yrs6189 (15%)24947 (14%)68491 (17%)
    30-39 Yrs4779 (12%)22546 (12%)54087 (13%)
    40-49 Yrs4603 (11%)21664 (12%)46427 (11%)
    50-59 Yrs5092 (13%)22995 (13%)49359 (12%)
    60-69 Yrs3480 (8%)19084 (10%)44508 (11%)
    70+ Yrs3647 (9%)18715 (10%)40311 (10%)
    Median HH Income$34,755$33,975$38,421
    Total Household Income< 24K5393 (36%)29130 (39%)62207 (36%)
    25-49K4189 (28%)18192 (24%)39662 (23%)
    50-74K2011 (13%)10282 (13%)25250 (14%)
    75-99K1526 (10%)6552 (8%)16880 (9%)
    100-199K1425 (9%)7970 (10%)22478 (13%)
    200K+130 (0%)1346 (1%)5160 (3%)
    Highest Education LevelNo Diploma32661512533549
    Diploma or GED81203334166272
    Some College64003283266889
    Assoc. Degree2132968519657
    Bachelors Degree30511586942773
    Higher Degree15141092641000
    Total Housing Units19,60690,448208,147
    --Owner-Occupied4,69024,90861,181
    --Renter-Occupied9,98348,564110,455
    Owner-Occupied Values< 100K1526728414209
    100-199K20671106029589
    200-299K70642739446
    300-399K19010762934
    400-499K414471695
    500K+1627673309
    Total Working Age Population29,938138,274324,883
    In Work Force18,45882,399194,676
    Not In Work Force11,48055,875130,208
    Workforce Employed15,30169,680166,315
    Workforce Unemployed3,14012,70128,138
    Civlian Workforce18,44182,382194,453
    Military Workforce1717223
    Total Households14,67373,472171,636
    Family Households7,68235,37682,200
    Non-Family Households6,99238,09689,436
    Married Couple2,33511,97332,163
    Other Family5,34723,40350,037
    Married w/Child9974,35411,689
    Single Male w/Child3011,2152,779
    Single Female w/Child2,2399,65519,644

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Will County502,266+35677,560+34907,625+201,093,207
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Lake County484,564+2496,005-3479,815+1482,321

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2800 East 81st Street in Chicago?
    The asking price for 2800 East 81st Street is $400,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 2800 East 81st Street in Chicago is 6,800 square feet
    How much land does the Chicago, IL property at 2800 East 81st Street include?
    2800 East 81st Street in Chicago includes 0.138 acres of land
    What is the population within 1 mile of 2800 East 81st Street in Chicago?
    The population within 1 mile of 2800 East 81st Street Chicago, IL 60617 is 38,700 people.
    Who do I contact for questions about 2800 East 81st Street?
    You should contact the listing agent, Jeffrey Baasch, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 10
    Chicago O'Hare International Airport (ORD) 24
    South Bend Regional Airport (SBN) 64
    Price
    $400,000
    Listing Agent
    More listings from Jeffrey Baasch
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