$899,000

118 E 51st Street, Chicago, IL 60615

  • 11,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1898
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 3 months ago

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 2 occupied units...a liquor store & mart and nail salon, providing immediate rental income. The corner restaurant unit was rehabbed just 3 years ago. The restaurant, 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 Status:
Active
Data Last Updated:
July 6, 2026 at 11:19PM
Listing Office:
Realty of America, LLC : 312-502-7205
Listing Agent:
Perdure Carter : 312-502-7205
MLS ID:
12591282
  • A/C: Central Air
  • General: Concrete Perimeter
  • Road/Access: City Street
  • HOA Amenities: Not Applicable
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR20101200190000
  • Current Use: Commercial
  • Utilities: Circuit BreakersService - 101 to 200 Amps
  • Source: mred

This listing courtesy of Perdure Carter , Realty of America, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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