100 E 51st Street
Chicago, IL, 60615
$1,250,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,250,000
100 E 51st Street
Chicago, IL, 60615
MLS #MRD12292227 image #0MLS #MRD12292227 image #1MLS #MRD12292227 image #2MLS #MRD12292227 image #3MLS #MRD12292227 image #4MLS #MRD12292227 image #5MLS #MRD12292227 image #6MLS #MRD12292227 image #7MLS #MRD12292227 image #8MLS #MRD12292227 image #9MLS #MRD12292227 image #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:
$1,250,000
MLS #:
MRD12292227
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Grand Boulevard
Listed Date:
Feb 17, 2025
Year Built:
1940
Chi – Grand BoulevardChi – Grand Boulevard

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Synthetic Stucco
Roof
Rubber

Financial

Net Operating Income
$101,865
Tax Year
2023
Taxes
$48,807
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 14, 2025
1,092
Commercial Listed
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Avg DOM
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Avg $ / SqFt
$1,027,396
Avg List Price

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Property Summary

    100 E 51st Street Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $1,250,000 To schedule a showing of MLS#mrd12292227 at 100 E 51st Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
100 E 51st Street
Chicago, IL