$175,000

2016 W 51st Street, Chicago, IL 60609

4 beds |
4 baths

Multi-Family Home
Built in 1896
—— sqft lot
2 car garage
$——/sqft
Listed 6 days ago

Property Description

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. Zoned for multi-unit use (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!

Listing Status:: Active
Data Last Updated:: April 13, 2026 at 7:19PM
Listing Office:: Century 21 IMPACT : 773-495-3659
Listing Agent:: Dana Jones : 773-495-3659
MLS ID:: 12610088

Basement: Crawl SpacePartial
Heating: Forced Air

Parking: YesDetachedGarageParking spaces: 2

Originating MLS: mred
School District: 299
County: Cook

Zoning: 20071260210000

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Dana Jones , Century 21 IMPACT

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Daley Elementary School

5024 S Wolcott Ave, Chicago, IL, 60609

Grades PK-8

0.16 miles away

Daley Elementary School

5024 S Wolcott Ave, Chicago, IL, 60609

Grades PK-8

0.16 miles away

Peace and Education Coalition High School

4946 S Paulina St, Chicago, IL, 60609

Grades 10-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.