5
See all 5 photos
$149,999
Est. payment /mo
2,850 SqFt
Active Under Contract
1521 W 51st Street Chicago, IL 60609
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UPDATED:
01/07/2025 08:07 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $52
MLS Listing ID 12261420
Year Built 1900
Annual Tax Amount $1,045
Tax Year 2022
Lot Dimensions 25X125
Property Description
**Attention Investors and First-Time Homebuyers!** This **huge** property is being offered **"as is,"** providing a tremendous opportunity for those seeking a project or an income-generating asset. The building offers substantial space, making it an excellent choice for investors looking to capitalize on rental income potential. The main level features a spacious office area, ideal for use as a personal business space or leased out for commercial purposes. This is a prime location for anyone wanting to start or expand a commercial business. The second level consists of a two-bedroom apartment, which offers significant potential but does require some tender loving care (TLC) to fully realize its value. With the right vision and investment, this property can serve as a multi-income opportunity, offering both residential and commercial options. Agents read remarks prior to showing, thanks!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jose Mendez-Alvarado • RE/MAX Ultimate Professionals
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Sohail Salahuddin
Team Leader | Real Estate Sales Professional | License ID: 477.013921
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