Chicago, IL 60615,118 E 51st Street
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Chicago, IL 60615,118 E 51st Street
Chicago, IL 60615,118 E 51st Street
Chicago, IL 60615,118 E 51st Street
Chicago, IL 60615,118 E 51st Street
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Listed by Perdure Carterof Realty of America, LLC
$ 1,100,000
Est. payment /mo
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Active

118 E 51st Street Chicago, IL 60615

11,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $100

MLS Listing ID 12527384

Year Built 1898

Annual Tax Amount $42,542

Tax Year 2024

Lot Dimensions 11520

Property Sub-Type Retail/Stores

Property Description

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!

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick


Midwest Real Estate Data (MRED) VOW
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Sheridan Elementary Math & Science Academy

    Public | KG - 8

  • 9

    Healy Elementary School

    Public | PK - 8

  • 9

    J. Ward Elementary School

    Public | KG - 8

  • 6

    Chavez Multicultural Academic Center Elementary School

    Public | PK - 8

  • 6

    Providence-Englewood Elementary Charter

    Public | KG - 8

  • 6

    Holden Elementary School

    Public | PK - 8

  • 6

    Robinson Elementary School

    Public | PK - 3

  • 6

    Murray Elementary Language Academy

    Public | KG - 8

  • 5

    Davis M Magnet Elementary School

    Public | KG - 8

  • 5

    Armour Elementary School

    Public | KG - 8

  • 5

    Kershaw Elementary School

    Public | PK - 8

  • 5

    McClellan Elementary School

    Public | PK - 8

  • 5

    Hendricks Elementary Community Academy

    Public | PK - 8

  • 5

    Sherwood Elementary School

    Public | PK - 8

  • 5

    Beasley Elementary Magnet Academic Center

    Public | PK - 8

  • 5

    Ariel Elementary Community Academy

    Public | PK - 8

  • 5

    Ray Elementary School

    Public | PK - 8

  • 5

    Shoesmith Elementary School

    Public | KG - 6

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

  • 5

    Carnegie Elementary School

    Public | PK - 8

Middle Schools 2
  • 3

    Young Womens Leadership Chartr High School

    Public | 7 - 12

  • 0

    Canter Middle School

    Public | 8 - 8

High Schools 20
  • 9

    King College Preparatory High School

    Public | 9 - 12

  • 8

    Chicago High School for the Arts

    Public | 9 - 12

  • 8

    Kenwood Academy High School

    Public | 9 - 12

  • 8

    South Shore International College Prep High School

    Public | 12 - 12

  • 7

    Air Force Academy High School

    Public | 9 - 12

  • 7

    Chicago Military Academy High School

    Public | 9 - 12

  • 6

    Phillips Academy High School

    Public | 9 - 12

  • 6

    Hyde Park Academy High School

    Public | 9 - 12

  • 5

    Richards Career Academy High School

    Public | 9 - 12

  • 5

    Williams Medical Preparatory High School

    Public | 9 - 12

  • 4

    Urban Preparatory Charter Academy Englewood High School

    Public | 9 - 12

  • 3

    Bronzeville Scholastic High School

    Public | 9 - 12

  • 2

    Team Englewood Community Academy High School

    Public | 9 - 12

  • 2

    Dunbar Vocational Career Academy High School

    Public | 9 - 12

  • 1

    Tilden Career Community Academy High School

    Public | 9 - 12

  • 1

    Hope College Preparatory High School

    Public | 9 - 12

  • 1

    Robeson High School

    Public | 9 - 12

  • 1

    Urban Preparatory Charter Academy Bronzeville High School

    Public | 9 - 12

  • 1

    Ace Technical Charter High School

    Public | 9 - 12

  • 0

    Excel Academy - Englewood High School

    Public | 9 - 12

School and business data provided by Attom Data.
Mayra Pezzella

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118 E 51st Street