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$225,000
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Property Description
Fantastic investment opportunity! This property features two main units plus a rear coach house, with potential for a fourth unit in the basement or a duplex-down configuration (existing separate entrance and exit already in place). Being sold AS/IS with no seller warranties. Cash or rehab financing preferred. Property is owned by an Illinois-licensed real estate broker."
Full Property Details
Full Property Details for 1212 W 51st St
General
- Price: $225,000
- Taxes: (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12514542
- Updated: 11/22/2025
- Added to Site: 60 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: Commuter Bus
Location
- Area: CHI - New City
- County: Cook
- Township: South Chicago
- Driving Directions: south to 51st Street West to Racine
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full, Walk-Out Access
- Year Built: 1913
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1913
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20081310410000
Listed by HomeSmart Realty Group
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Schools
Schools serving 1212 W 51st St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Libby Elementary School 5300 South Loomis Boulevard, Chicago, IL 60609 | K-8 | 0.4 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1212 W 51st St
Date
Details
Price
Change
Source
11/16/2025
Listed
$225,000
-17.34%
MLS
3/08/2023
Sold
$272,188
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1212 W 51st St
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
-100%
-100%
2021
$2,212
-53%
$10,999
-48%
2020
$4,685
-3%
$21,029
-13%
2019
$4,832
2%
$24,048
—
2018
$4,750
12%
$24,048
22%
2017
$4,255
8%
$19,764
—
2016
$3,958
9%
$19,764
—
2015
$3,622
12%
$19,764
14%
2014
$3,230
2%
$17,409
—
2013
$3,166
1%
$17,409
—
2012
$3,124
—
$17,409
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1212 W 51st St
1212 W 51st Street, Chicago, IL 60609 (MLS# 12514542) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 1212 W 51st Street is currently listed for $225,000 and was received on November 16, 2025. Want to learn more about 1212 W 51st Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

