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Listing provided courtesy of Hunter's Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12064673MLS Provider

740 E 82nd StreetChicago, IL 60619

Commercial · 8 Beds
$680,000 Active

740 E 82nd Street Overview

Time on Site:
761 days
Visits:
6

Stop by this well maintained 10 unit in the Chatham community.Current cap rate is 10.21% with the opportunity to raise rent and increase your profit. Location is central to local retail stores and transportation. This property boast individual heating, spacious units, and is ready for an owner occupant or investor. Property is being sold As-Is.

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740 E 82nd Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 744
  • Fuel Expense: 2496
  • Gross Income: 102600
  • Gross Scheduled Income: 102600
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 90936
  • Operating Expense: 11664
  • Trash Expense: 3744
  • Water Sewer Expense: 4680

Building Information

  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Chatham

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: $4,796.00
  • Tax Year: 2022

General Information

  • Parcel Number: 20342230170000
  • Property Type: Commercial Sale

Interior

General Information

  • Cooling: None
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 56419SQ FT

General Information

  • Number Of Units Total: 10

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 2

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

740 E 82nd Street Neighborhood

Community

60619 (Chicago) Demographics

42
Median Age
10,192
Population Density (per sq. mile)
35%
College Educated
$40,762
Estimated Median Income
12,181
Estimated Total Home Owners
15,093
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

740 E 82nd Street Monthly Cost

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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

740 E 82nd Street Market Data

Based on the last 30 days in this zip code

$215,577
Average List Price
$140
Average Price per Square Foot
34
Properties Sold
82
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

740 E 82nd Street History

Date Event Value Agent
8/6/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Price Reduction
$680,000 -9.3%
7/31/2025Source: MRED Status Change
Price Change
5/11/2025Source: MRED Status Change
Active
5/6/2025Source: MRED Status Change
Re-activated
1/7/2025Source: MRED Status Change
Active
1/2/2025Source: MRED Status Change
Re-activated
11/17/2024Source: MRED Status Change
Active
11/12/2024Source: MRED Price Increase
$750,000 10.3%
11/12/2024Source: MRED Status Change
Price Change
10/26/2024Source: MRED Status Change
Active
10/21/2024Source: MRED Price Reduction
$680,000 -12.8%
10/21/2024Source: MRED Status Change
Price Change
7/15/2024Source: MRED Status Change
Active
7/10/2024Source: MRED Price Reduction
$780,000 -12.4%
7/10/2024Source: MRED Status Change
Price Change
5/29/2024Source: MRED Status Change
Active
5/29/2024Source: MRED Added to Database
May 29, 2024
6/20/2022Source: MRED Added to Database
January 27, 2022