5449-51 W Quincy Street
Chicago, IL, 60644
$899,000
2 Beds
1 Baths
0 SqFt
0 Acres
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$899,000
5449-51 W Quincy Street
Chicago, IL, 60644
MLS #MRD12390154 image #0MLS #MRD12390154 image #1MLS #MRD12390154 image #2MLS #MRD12390154 image #3MLS #MRD12390154 image #4MLS #MRD12390154 image #5MLS #MRD12390154 image #6MLS #MRD12390154 image #7MLS #MRD12390154 image #8
New low price!! Bring your buyers and offers, owners open to creative financing solutions!! This 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city’s robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property’s solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago’s dynamic multi-family market.

Property Details

Price:
$899,000
MLS #:
MRD12390154
Status:
Active
Beds:
2
Baths:
1
Type:
Commercial
Neighborhood:
chiaustin
Listed Date:
Jun 11, 2025
Total Sq Ft:
10,800
Year Built:
1925
Chi – AustinChiaustin

Schools

Interior

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$5,000
Net Operating Income
$108,516
Tax Year
2023
Taxes
$12,879
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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 Oct 05, 2025
1,113
Commercial Listed
162
Avg DOM
155
Avg $ / SqFt
$1,033,409
Avg List Price

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Property Summary

    5449-51 W Quincy Street Chicago IL is a Commercial for sale in Chicago, IL, 60644. It is listed for $899,000 To schedule a showing of MLS#mrd12390154 at 5449-51 W Quincy Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5449-51 W Quincy Street
Chicago, IL