Chicago, IL 60617 3048 E 80th Street
$499,000



47 more
















































Presented By: Straight-A Realty, LLC
Home Details
This fully renovated legal 2-flat, with a bonus 3rd unit in the garden apartment, is an incredible investment and living opportunity in the South Chicago neighborhood. Completely rehabbed in 2022, this building features three spacious 3-bedroom, 1-bath units, each with brand-new stainless steel appliances. The garden unit is perfect for an owner's suite, offering comfortable living with the added bonus of being vacant at closing for immediate occupancy. Unit 1 also includes a washer and dryer, while the second-floor unit offers potential for future expansion, with an unfinished attic that could be duplexed up to add more bedrooms and bathrooms for increased rental income. The building is currently generating $3,200 per month with excellent tenants who take great care of their apartments and pay rent on time. This is an ideal house hacking opportunity, as the revenue from the tenants helps cover a significant portion of the owner's living expenses. The property is professionally managed, well-maintained, and turn-key, making it a fantastic addition to any investor's portfolio. Situated just blocks from Rainbow Beach Park, with the new bike trail and the South Side Quantum Computing Campus nearby, this location is poised for future growth. Whether you're looking to live in the garden unit or expand the second-floor unit for additional rental income, this property offers both immediate comfort and long-term potential in a thriving South Chicago neighborhood.
Presented By: Straight-A Realty, LLC
Interior Features for 3048 E 80th Street
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementFinished, Exterior Entry, Sleeping Area, Full, Walk-Out Access
Total Number of Units3
General for 3048 E 80th Street
Additional Parcels Y/NNo
CityChicago
Community FeaturesSidewalks, Street Paved
Construction MaterialsBrick
CountyCook
DirectionsFrom the intersection of South Stony Island Avenue and East 80th Street, head east on 80th Street for about half a block. The property will be on your left-hand side. There is ample street parking ava
Elementary School District299
Garage Spaces2
Gross Income3200
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - South Chicago
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Immediate
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount2292.75
Tax Year2023
Total Rooms16
TownshipHyde Park
Waterfront Y/NNo
Year Built1922
ZoningMULTI
Exterior for 3048 E 80th Street
Exterior AmenitiesBalcony
Lot Dimensions4762
Lot Size Acres0.1
ModelMULTIUNIT
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan, Public
Additional Details
Price History
