118 E 51st St

Chicago, IL 60615
  • $1,100,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 11,000

    SqFt

About the Listing 88555 - 181919

This Prime Commercial Investment Opportunity In The Bronzeville/Washington Park Area Is Available And waiting For You! Discover a well maintained 6-unit retail building located in one of Chicago's fastest-growing corridors. Units range from 1,100-3,500 sq ft, offering flexible layouts ideal for a variety of commercial uses. The property features 3 occupied units...a corner restaurant, liquor store & mart and nail salon, providing immediate rental income. The restaurant unit was rehabbed just 3 years ago. One single storefront and a larger double unit are currently vacant, offering potential for owner-users or investors looking to increase cash flow. Situated in a high foot traffic area, this property benefits from strong neighborhood activity, street parking and close proximity to public transportation. Surrounded by ongoing new developments and located just minutes from the highly anticipated Obama Presidential Center, this location is poised for continued growth and long term appreciation on the South Side!

Listing Highlights

Status Active
Days on Site 20
Property Type Commercial Sale
MLS ® 12527384
Year Built 1898
Total Square Footage 11,000
Lot/Acreage 0.26

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 11520
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $42,542
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20101200190000
  • Tax Year: 2024

Payment Calculator

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118 E 51st St Chicago, IL 60615

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Originating MLS: mred

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