2724 W 51st Street
Chicago, IL, 60632
$580,000
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0 Baths
0 SqFt
0 Acres
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$580,000
2724 W 51st Street
Chicago, IL, 60632
MLS #MRD12740487 image #0
Outstanding mixed-use investment opportunity in Chicago’s vibrant Gage Park neighborhood! Located along the busy 51st Street commercial corridor, this versatile property features a high-visibility ground-floor commercial space paired with two residential units above. Benefiting from flexible B3-1 Community Shopping District zoning, the main-level commercial footprint is ideally suited for a storefront retail business, professional office, neighborhood service shop, or medical space. The upper-level apartment units deliver steady supplemental rental income, making this an ideal asset for an owner-operator seeking to run a business on-site or a value-add investor looking for consistent cash flow. Conveniently positioned near Kedzie Avenue, public transit options, and local neighborhood anchor businesses, this high-exposure asset presents excellent long-term upside in an established Chicago corridor.

Property Details

Price:
$580,000
MLS #:
MRD12740487
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chigagepark
Listed Date:
Aug 23, 2026
Total Sq Ft:
4,368
Year Built:
1965
Chi – Gage ParkChigagepark

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
2

Financial

Tax Year
2024
Taxes
$6,027
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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 Aug 28, 2026
943
Commercial Listed
183
Avg DOM
$1,018,052
Avg List Price

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Property Summary

    2724 W 51st Street Chicago IL is a Commercial for sale in Chicago, IL, 60632. It is listed for $580,000 To schedule a showing of MLS#mrd12740487 at 2724 W 51st Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2724 W 51st Street
Chicago, IL