Active
2544 E 83rd Street
Chicago, IL 60617
$325,000
0beds
0baths
—sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
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. Included in the sale is an oversized 126 x 122 parking lot, a rare and valuable asset offering tremendous flexibility for customers, tenants, or future expansion. 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!
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeMixed Use
Year built1960
Stories2
Lot dimensions50X125
AreaCHI - South Chicago
Annual tax$4,380
First listedMay 14, 2026
Parcel #21311260420000
CountyCook
MLS #MRD12649111
Days on market2
Photos27
Features
Cooling
Window Unit(s)
Listed by
Fulton Grace Realty
Richard Lomax · 312-451-8463
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/15/2026, 2:45:05 PM. All data should be independently verified.
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