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1507 W 51st Street, Chicago, IL 60609
$249,900
1507 W 51st Street, Chicago, IL 60609View this property at 1507 W 51st Street, Chicago, IL 60609
1507 W 51st StreetChicagoIL60609
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Property Description
Introducing A Remarkable Mixed-Use Commercial Property Located in Southwest Chicago. This Enticing Listing Offers A Prime Opportunity For Investors Or Business Owners Seeking A Turnkey Operation. The First Floor Is A Thriving Barber Shop, Currently in Use and Successfully Owned, Boasting Brand New Electrical Wiring. Above, A Spacious Three-Bedroom, One-Bathroom Apartment Awaits, Providing Comfortable Living Quarters. The Entire Property Has Been Meticulously Maintained, With Recent Upgrades. With Low Taxes and The Potential To Generate $4,000 Per Month in Rental Income, This Property Presents An Enticing Investment Opportunity.
Full Property Details
Full Property Details for 1507 W 51st St
General
- Price: $249,900
- Taxes: $1,608 (2021)
- Status: Active
- Type: Store
- MLS ID: 12044770
- Updated: 5/7/2024
- Added to Site: 17 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored, Carbon Monoxide Detector(s)
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: Ashland S to 51st St, W on 51st to address
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1895
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,350
- Lot Dimensions: 30 x 130
Financial Considerations
- Security Deposit: Alarm Monitored, Carbon Monoxide Detector(s)
- Assessment Year: 1895
- Tax Amount: $1,608.5
- Tax Year: 2021
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 20083010090000
Listed by Prime Real Estate Group Inc
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Schools
Schools serving 1507 W 51st St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5300 S Loomis Blvd, Chicago, IL 60609 | PK-8 | 0.4 mi | |
5009 S Laflin St, Chicago, IL 60609 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1507 W 51st St
Date
Details
Price
Change
Source
5/01/2024
Listed
$249,900
399.8%
MLS
9/13/2017
Sold
$50,000
—
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 1507 W 51st St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$1,655
3%
$7,999
—
2021
$1,609
16%
$7,999
29%
2020
$1,386
-4%
$6,182
-13%
2019
$1,437
2%
$7,106
—
2018
$1,413
-7%
$7,106
-32%
2017
$1,526
-4%
$10,416
—
2016
$1,596
11%
$10,416
—
2015
$1,438
215%
$10,416
286%
2014
$457
2%
$2,700
—
2013
$447
1%
$2,700
—
2012
$443
—
$2,700
—
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 1507 W 51st St
1507 W 51st Street, Chicago, IL 60609 (MLS# 12044770) is a Store property. 1507 W 51st Street is currently listed for $249,900 and was received on May 01, 2024. Want to learn more about 1507 W 51st Street? Do you have questions about finding other Store 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.