ClosedPrice Reduced

$115,000

$175,000
2016 51st Street, Chicago, IL 60609
4 Beds4 Baths30 days
2016 51st Street·Chicago, IL 60609
4Bedrooms
4Bathrooms
1896Year Built
About This Home

Investor Special with Mixed-Use Potential in the Heart of Chicago! Unique opportunity to restore and reimagine this property featuring a former storefront with residential space above and behind. Ideal for investors, developers, or owner-users seeking a live/work concept. Property offers flexible layout with the potential to create multiple residential units, expand living space into the attic, or reconfigure for optimal income-producing use. Though the Chicago Assessor zones it as a 4 unit, it has been recorded as) units with the Building Dept (buyer to verify all zoning and use possibilities). This property requires a full renovation and is being sold as-is. Ideal for those looking to bring their vision to life and capitalize on the growing demand for mixed-use and multi-family properties in the area. Conveniently located near transportation, retail, and neighborhood amenities. Bring your contractor and your creativity-this is a true value-add opportunity!

MLS# 12610088Listed April 7, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1896
Lot Size3,125

Location

CountyCook
TownshipHyde Park
Zip Code60609

Financial

List Price$115,000
Original Price$175,000
Annual Taxes (2025)$2,321
Monthly Tax Est.$193
Parcel #20071260210000
Interior Features

Heating

Forced Air

Basement

Crawl SpacePartial
Exterior & Lot

Construction

Vinyl SidingBrick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesDetachedGarage
Tax & Financial
Annual Taxes
$2,321
Tax Year 2025
Monthly Tax Est.
$193
per month
Price Reduced by $60,000
Original list price: $175,000
Property Location

2016 51st Street, Chicago, IL 60609 — Cook County

$115,000
2016 51st Street
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
30 days on market
2-car garage
3,125
$2,321/yr taxes
Price reduced $60,000
$798
estimated monthly payment
Principal & Interest
$604/mo
Property Tax
$193/mo
$115,000
20% — $23,000
3%50%
6.875%
3%12%
Loan Amount
$92,000
Down Payment
$23,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Century 21 IMPACT
Agent: Dana Jones
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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