2016 W 51st Street Chicago, IL 60609
Listing Courtesy of: MLS LogoMidwest Real Estate Data as distributed by MLS GRID / Listed By: Dana Jones, Century 21 Impact

  2016 W 51st Street Chicago, IL 60609

Contingent (41 Days)
$115,000 (USD)
4
BED
4
BATH

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. Zoned for multi-unit use (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!

MLS #:
12610088
Taxes
$2,321(2025)
Type
Multifamily
Year Built
1896
School District
299
County
Cook County

Listed By

Dana Jones, Century 21 Impact
Source
Midwest Real Estate Data
Last checked May 17 2026 at 10:03 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Forced Air
Basement Information
  • Partial
  • Crawl Space
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Garage
  • Detached
  • Yes

Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 02, 2026
Price Changed
$115,000
-15%
-$20,000
Apr 24, 2026
Price Changed
$135,000
-23%
-$40,000
Apr 07, 2026
Listed
$175,000
-
-
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 5/17/2026 10:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.