2016 W 51St Street, Chicago, Illinois 60609

$75,000
4
BD
4
BA

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Sold Price
$75,000
List Price
$115,000
Closing Date
Jul 06, 2026
MLS#
12610088
Status
CLOSED
Type
Multifamily
Subtype
Residential Income
Bedrooms
4
Bathrooms
4
County
Cook
City
Chicago
Neighborhood
Back of the Yards
Days On Market
29

Property Description

Investor Special with Mixed-Use Potential in the Heart of Chicago! Unique opportunity to restore and reimagine this property featuring a former storefront with residential space above and behind. Ideal for investors, developers, or owner-users seeking a live/work concept. Property offers flexible layout with the potential to create multiple residential units, expand living space into the attic, or reconfigure for optimal income-producing use. Though the Chicago Assessor zones it as a 4 unit, it has been recorded as) units with the Building Dept (buyer to verify all zoning and use possibilities). This property requires a full renovation and is being sold as-is. Ideal for those looking to bring their vision to life and capitalize on the growing demand for mixed-use and multi-family properties in the area. Conveniently located near transportation, retail, and neighborhood amenities. Bring your contractor and your creativity-this is a true value-add opportunity!

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2025
Tax Amount
$2,321
Year Built
1896
Lot Dimensions
3,125
Lot Size Range
Less Than .25 Acre
Units
2
Garage Spaces
2
Parking Spaces
2
Parking Details
Yes, Detached, Garage
Heating
Forced Air
Sewer
Public Sewer
Basement
Yes

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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid

Selling Office: Century 21 IMPACT.



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