$115,000
2016 W 51st Street
Chicago, IL, 60609
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!
Property Details
Price:
$115,000
MLS #:
MRD12610088
Status:
Active Under Contract
Beds:
4
Baths:
4
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
Apr 7, 2026
Year Built:
1896
Schools
School District:
299
Interior
Heating
Forced Air
Exterior
Construction Materials
Vinyl Siding, Brick
Garage Spaces
2
Parking Features
Yes, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2025
Taxes
$2,321
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Jun 10, 2026
1,383
Multi Family Listed
79
Avg DOM
$531,966
Avg List Price
Community
- Address2016 W 51st Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
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Property Summary
- 2016 W 51st Street Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $115,000 To schedule a showing of MLS#mrd12610088 at 2016 W 51st Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
2016 W 51st Street
Chicago, IL
