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Backup Offers

1643 W 83rd St, Chicago, IL, 60620

$495,000

Home List Price

$5,878*

Closing Credit

8 Bedrooms
4 Baths
House
Schools Nearby

Location

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1643 W 83rd St, Chicago$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage4 spaces
Year Built1929
HeatingNatural Gas
BasementYes
MLS #12020525
StatusAccepting Backup Offers
(Contingent)

About 1643 W 83rd St

Rarely available brick four unit in pristine condition! Each updated unit features 2 comfortable sized bedrooms, 1 bath, hardwood floors, steam heat, formal separate living room and dining room, enclosed back porch. Individual boilers and hot water heaters per unit, less than 5 years old. Property features BRAND NEW electrical throughout entire building, newly poured cement backyard, coin laundry, underground sprinkler system and so much more! Two 2-car brick garages accommodate four vehicles. rented for additional income. Building has been well maintained and occupied by long term, market rate tenants. Huge basement is a blank canvas for ideas with some framing already done. This income producing property is an asset to any investment portfolio. One unit will be vacant 5/1/24 and the other three units currently leased. Additional earnings potential based on the addition of two garden units. AS-IS transaction. Seller offering $10,000 credit! Perfect for owner occupants and/or investors!

Property Details

Property Features

Property Information:

  • Year Built: 1929

Listing Office:

  • Office Name: Real People Realty
  • Office Phone: (815) 469-7449
  • Listing Agent: Utopia Beasley

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Hirsch Metropolitan High School, Public Magnet Grades 9-12
  • Foster Park Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: South on Ashland to 83rd St. Turn west on 83rd St to 1643.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000

Tax Information:

  • Annual Amount: $3,398
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

1643 W 83rd St vs Chicago

30 DAYS ON ROCKET

-3 Days

$495,000

+$145.9K More

KEY TAKEAWAY

This property is $145.9K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12020525

Listing Office:

  • Office Name: Real People Realty
  • Office Phone: (815) 469-7449
  • Listing Agent: Utopia Beasley

IDX Listings courtesy of Midwest Real Estate Data as distributed by 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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED 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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 7:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$3,398$16,915
2018$3,341$16,915
2017$4,158$19,319

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6132922
2
/10

  • Foster Park Elementary School

  • 8530 S Wood St

  • 0.34 miles

  • Public District Grades PK-8

High School

school-card-donut-6132923
1
/10

  • Hirsch Metropolitan High School

  • 7740 S Ingleside Ave

  • 3.36 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,500. The most common annual income of people living in Chicago, IL is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1643 W 83rd St

What is the listing price of this property?

The listing price of 1643 W 83rd St property is $495,000.

What type of property is this?

The property 1643 W 83rd St is a house located in Chicago, Illinois, 60620.

Is this property for sale now?

Accepting Backup Offers: 1643 W 83rd St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1643 W 83rd St are:
Foster Park Elementary School: GreatSchools Rating 2/10
Hirsch Metropolitan High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $3,398 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1643 W 83rd St has 8 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 1643 W 83rd St is 1929.

Rocket Homes›Illinois›Cook County›Chicago›60620›1643 W 83rd St

This home is located at 1643 W 83rd St in Chicago, IL and zip code 60620 in the Far Southwest Side neighborhood. This home was built in 1929. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $495,000.

Over 867 listings were sold over their listed price in April 2024 in Chicago, IL. In the same period over 1023 listings were sold below the listed price and 378 listings were sold for the listed price. The number of listings in Chicago, IL increased by 18.4% between March 2024 and April 2024. In April 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,097.

From Rocket Homes Real Estate and based on county public records data.

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