100-116 E 51st Street
Chicago, IL, 60615
$1,350,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,350,000
100-116 E 51st Street
Chicago, IL, 60615
MLS #MRD12162362 img 0MLS #MRD12162362 img 1MLS #MRD12162362 img 2MLS #MRD12162362 img 3MLS #MRD12162362 img 4MLS #MRD12162362 img 5MLS #MRD12162362 img 6MLS #MRD12162362 img 7MLS #MRD12162362 img 8MLS #MRD12162362 img 9MLS #MRD12162362 img 10
BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site with a 17 car parking lot! The ground floor is leased to long term tenants and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Transit Oriented Development site, potential TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.

Property Details

Price:
$1,350,000
MLS #:
MRD12162362
Status:
Active
Beds:
0
Baths:
0
Address:
100-116 E 51st Street
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Sep 12, 2024
State:
IL
ZIP:
60615
Year Built:
1940

Schools

Interior

Cooling
Central Air

Exterior

Roof
Rubber

Financial

Net Operating Income
$96,739
Tax Year
2023
Taxes
$48,807
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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100-116 E 51st Street
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