https://www.ruhlmortgage.com/GregCotton.html

2544 E 83rd Street Chicago, IL 60617 Commercial - Business New

New
  • 2544 E 83rd Street , Chicago, IL 60617 Main Photo

27 Total Photos [Click to View All]

Description

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!

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1960

General Information

County: Cook
Listed By:
Fulton Grace Realty 773-698-6648
MRED MLS
$275,000
Est. $1,856/mo
New to the Market New
SQUARE FEET4,920 MLS#12711380
STATUSNew PROPERTY TYPECommercial - Business

Get in Touch

Contact an agent to learn more about

2544 E 83rd Street , Chicago, IL 60617.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $275,000$275,000$275,000
Down Payment $55,000$9,625$68,750
Monthly Mortgage Amount $1,373$1,663$1,713
Taxes $383$383$383
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$121$0
Monthly Estimated Total $1,856$2,267$2,196

Customize Your Mortgage

Similar Listings For Sale Sold

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/26/2026. The listing information on this page last changed on 07/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 07/26/2026 8:03:31 PM EST) or MRED MLS (last updated Sun 07/26/2026 8:00:51 PM EST) or SCWMLS (last updated Sun 07/26/2026 7:55:06 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 07/26/2026 7:03:25 PM EST) or Cedar Rapids MLS (last updated Sun 07/26/2026 7:59:16 PM EST) or NEIRBR MLS (last updated Sun 07/26/2026 7:58:52 PM EST) or ICAAR MLS (last updated Sun 07/26/2026 7:57:52 PM EST) or ECIMLS (last updated Sun 07/26/2026 7:50:43 PM EST) or RMLSA (last updated Sun 07/26/2026 8:01:08 PM EST) or Muscatine MLS (last updated Sun 07/26/2026 8:00:11 PM EST) or No Coast MLS (last updated Sun 07/26/2026 7:54:22 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



Privacy Policy / DMCA Notice / ADA Accessibility


Agent License Information: Licensed in IA & IL

Login to My Homefinder

Pixel