Justice, IL 60458 8039 W 83rd Street

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Presented By: RE/MAX Partners
  • MLS# 12333512
  • 04/09/2025
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Home Details

Fantastic investment opportunity! This well-maintained 6-unit building offers strong rental income potential. Five of the six units are currently leased on a month-to-month basis, while one unit remains vacant and ready for occupancy. The building features four units with a living room, master bedroom, additional bedroom, cabinet kitchen, and full bathroom, while the remaining two units offer a living room, bedroom, cabinet kitchen, and full bathroom. Several units have been updated, and the property has been well cared for, with recent improvements including new windows and balcony doors, a new front entrance commercial door, a remodeled entrance and hallway, and various upgrades throughout the apartments. The building also features a common laundry area. This property comes with EmpowerLinked communications and marketing, which will promote any available rental unit to a network of digital screens at various host locations in Northern Illinois for two years at no additional cost to the buyer. Conveniently located near major highways, providing easy access to both the city and surrounding suburbs. The owner is highly motivated to sell-don't miss this exceptional opportunity!
Presented By: RE/MAX Partners

General for 8039 W 83rd Street

Additional Parcels Y/NNo
CityJustice
CountyCook
Directionsturn right onto s 82nd ave turn left onto w 83rd st turn right onto south 81st ave turn left turn left 8039 w. 83rd st
Electric Expense724
Fuel Expense
Gross Income84300
Insurance Expense2682
MLS AreaJustice
MaintenanceExpense3000
Net Operating Income64050
Number Of Units Total6
Operating Expense20250
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount16706.29
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense1200
Water Sewer Expense2400
Year Built1969

Exterior for 8039 W 83rd Street

Lot Dimensions81X133

Additional Details

Price History

Client Care

Price $870,000
MLS#12333512
List Date 04/09/2025
Property Type Multi-Family
Phone 847.485.2500
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