706 E 51st Street Chicago, IL ^$ 1,695,000

706 E 51st Street

^$ 1,695,000

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Recently Listed

706 E 51st Street

Chicago, IL, 60615

^$ 1,695,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 10,702

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Multi-Family Home for sale in Chicago, IL

for $1,695,000 with 3 bedrooms. This home was built in 1930.

Stately 6-flat overlooking Washington Park. Six 3bd/2ba luxury apartments with tenant paid heat and central air, granite counters, stainless appliances, dishwashers, garbage disposers. On-site parking. Amazing architectural details with balconies overlooking the park. Great, stable cash producer in a high demand up and coming area. Turn-key investment.

Multi-Family Active

Price

^$ 1,695,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 16,737

Style

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12697385

Features

General

Cooling Central Individual

Year Built 1930

Electric Circuit Breakers

Tenant Pays Electricity Heat Hot Water

Stories Count 3

Tax Year 2025

Gross Income 133824

County Cook

Net Operating Income 116973

Operating Expense 16851

Insurance Expense 5000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 1000

Status New

Directions N/S on Cottage Grove Ave W to subject property

City Chicago

Number Of Units Total 6

MLS Area CHI - Grand Boulevard

Tax Annual Amount 16737

Electric Expense 561

Fuel Expense 0

Trash Expense 3983

Water Sewer Expense 10290

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 50.5x145

* Excluded Features

List By

Pioneer Property Advisors

Broker

gsorg@pioneerpa.com

Affordability Calculator

$12,097

Per Month

Monthly Principal & Interest: $10,702
Monthly Property Taxes: $1,395
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,433

Percent of Sale Price 64%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/7/2026	$1,695,000		Listed Price

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706 E 51st Street, Chicago, IL, 60615 is a Multi-Family Home for sale at $1,695,000. 706 E 51st Street has 3 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/8/2026.

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706 E 51st Street

Multi-Family Home for sale in Chicago, IL

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