1851 W Chicago Avenue
Chicago, IL, 60622
$1,299,900
7 Beds
5 Baths
0 SqFt
0 Acres
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$1,299,900
1851 W Chicago Avenue
Chicago, IL, 60622
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1851 Chicago is a fully renovated, five-unit mixed-use powerhouse in the heart of Ukrainian / East Village. The first-floor commercial space delivers serious curb appeal with soaring ceilings, hardwood floors, and unbeatable street presence on vibrant Chicago Ave. Above, four beautifully rehabbed apartments include three 2-bed/1-bath units and an oversized top-floor 1-bed/1-bath featuring a private rooftop deck with jaw-dropping downtown views. Every unit is separately metered and pays its own heat, A/C, and electric. Interiors shine with white shaker cabinets, quartz countertops, subway tile backsplashes, updated baths, and in-unit washer/dryers. Tenants love the walk-to-everything location-keeping turnover low and re-leasing fast. Generating over $10,000 per month with low taxes, this is the turnkey, cash-flowing investment you’ve been waiting for. Broker owned

Property Details

Price:
$1,299,900
MLS #:
MRD12567789
Status:
Active Under Contract
Beds:
7
Baths:
5
Type:
Commercial
Neighborhood:
chiwesttown
Listed Date:
Feb 20, 2026
Year Built:
1894
Chi – West TownChiwesttown

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick
Roof
Rubber
Stories
3

Financial

Net Operating Income
$110,313
Tax Year
2024
Taxes
$19,784
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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 Apr 06, 2026
926
Commercial Listed
192
Avg DOM
$1,040,081
Avg List Price

Community

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Property Summary

    1851 W Chicago Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60622. It is listed for $1,299,900 To schedule a showing of MLS#mrd12567789 at 1851 W Chicago Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1851 W Chicago Avenue
Chicago, IL