Closed

$560,000

2101 51st Street, Chicago, IL 60609
7 Beds4 Baths4 days
2101 51st Street·Chicago, IL 60609
7Bedrooms
4Bathrooms
About This Home

Attention investors and owner-occupants! Exceptional income-producing opportunity in Chicago featuring multiple finished living spaces and strong rental potential. The property offers a 2-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, a finished 2-bedroom, 1-bath basement, and a finished attic with 1 bedroom and 1 bath, providing versatile living arrangements. Major improvements include a complete tear-off roof on the main house, a newer 2-car garage, brand-new laminate flooring in the basement and second floor, fresh paint, and a new sink and toilet. The second-floor bathroom has also been updated. Pride of ownership is evident throughout, with numerous improvements already completed. Based on current market conditions, the first and second-floor units may each generate approximately $1,700-$1,900 per month in rental income. The finished attic offers additional potential for related living or supplemental income opportunities, subject to zoning and local regulations. Whether you're looking to expand your investment portfolio, generate strong cash flow, or live in one unit while offsetting your mortgage with rental income, this property checks all the boxes. Conveniently located near schools, public transportation, shopping, and expressways. Schedule your showing today!

MLS# 12635092Listed June 8, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms20

Size & Structure

Garage Spaces2
Lot Size30x125

Location

CountyCook
TownshipSouth Chicago
Zip Code60609

Financial

List Price$560,000
Annual Taxes (2024)$2,766
Monthly Tax Est.$231
Parcel #20073020200000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Vinyl SidingBrick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$2,766
Tax Year 2024
Monthly Tax Est.
$231
per month
Property Location

2101 51st Street, Chicago, IL 60609 — Cook County

$560,000
2101 51st Street
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
30x125
$2,766/yr taxes
$3,174
estimated monthly payment
Principal & Interest
$2,943/mo
Property Tax
$231/mo
$560,000
20% — $112,000
3%50%
6.875%
3%12%
Loan Amount
$448,000
Down Payment
$112,000

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

Listed by
HomeSmart Connect
Agent: Liliana Arias Patino
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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