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3048 E 80th Street, 
Chicago, IL 60617

$499,000


9

Beds


3

Baths


-

Sq Ft


Multi-Family

Pending

Listed by

Michael Applegate

Brittany Jones

Straight-A Realty, LLC.

Last updated:

May 11, 2025, 12:39 PM

MLS#

12353007

Source:

MLSNI

About This Home

3048 E 80th Street

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.

Home Facts

Multi-Family

3 Baths

9 Bedrooms

Built in 1922

Price Summary

499,000

MLS #:

12353007

Last Updated:

May 11, 2025, 12:39 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1922


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$499,000

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