2016 W 51st Street Chicago, IL $ 175,000
2016 W 51st Street
$ 175,000
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2016 W 51st Street

Chicago, IL, 60609
$ 175,000
Bedrooms4 Baths4.1 Sq 2,500

Monthly Estimate*

$ 1,078

2016 W 51st Street, Chicago, IL 60609 - Image 1
2016 W 51st Street, Chicago, IL 60609 - Image 2
2016 W 51st Street, Chicago, IL 60609 - Image 3
2016 W 51st Street, Chicago, IL 60609 - Image 4
2016 W 51st Street, Chicago, IL 60609 - Image 5
2016 W 51st Street, Chicago, IL 60609 - Image 6
2016 W 51st Street, Chicago, IL 60609 - Image 7
2016 W 51st Street, Chicago, IL 60609 - Image 8
2016 W 51st Street, Chicago, IL 60609 - Image 9
2016 W 51st Street, Chicago, IL 60609 - Image 10
2016 W 51st Street, Chicago, IL 60609 - Image 11
2016 W 51st Street, Chicago, IL 60609 - Image 12

Multi-Family Home for sale in Chicago, IL

for $175,000 with 4 bedrooms and 4 full baths, 1 half bath. This 2,500 square foot home was built in 1896.

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!

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Multi-Family Active

Price

$ 175,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 2,321

Style

Year Built

1896

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12610088

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Garage Spaces 2
Construction Materials Vinyl Siding Brick
Year Built 1896
Township Hyde Park
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions 94 to 51st west to Address
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 2321
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Crawl Space Partial
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Full Baths Building 3
Half Baths Building 1
Total Number of Units 4
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Exterior
Parking Features Yes Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 3 125
Waterfront Y/N N
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* Excluded Features
List By
Century 21 Impact

Broker

catchdana@gmail.com

Email

Affordability Calculator

$1,271
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,078
Monthly Property Taxes
$193
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$175,000 Listed Price

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2016 W 51st Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $175,000 with 2,500 sqft. 2016 W 51st Street has 4 bedrooms, 4.1 baths, and was built in 1896. The property's zip code is 60609 which is in Chicago, IL