Date
Details
Price
Change
Source
2/20/2026
Listed
$1,299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,299,900 Just Listed
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Property Description
1851 Chicago is a fully renovated, five-unit mixed-use powerhouse in the heart of Ukrainian / East Village. The first-floor commercial space delivers serious curb appeal with soaring ceilings, hardwood floors, and unbeatable street presence on vibrant Chicago Ave. Above, four beautifully rehabbed apartments include three 2-bed/1-bath units and an oversized top-floor 1-bed/1-bath featuring a private rooftop deck with jaw-dropping downtown views. Every unit is separately metered and pays its own heat, A/C, and electric. Interiors shine with white shaker cabinets, quartz countertops, subway tile backsplashes, updated baths, and in-unit washer/dryers. Tenants love the walk-to-everything location-keeping turnover low and re-leasing fast. Generating over $10,000 per month with low taxes, this is the turnkey, cash-flowing investment you've been waiting for. Broker owned
Full Property Details
Full Property Details for 1851 W Chicago Ave
General
- Price: $1,299,900
- Taxes: $19,784 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12567789
- Updated: 2/20/2026
- Added to Site: 6 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Drive to 1851 W Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas, Separate per Unit, Individual Furnaces
Utilities
- Trash: 4729
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Rubber
- Stories/Levels: 3
- Year Built: 1894
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
- # Dryers: 4
Lot Features
- Lot Dimensions: 2927
- Frontage: City Street, Alley Access
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $4,093
- Operating Expenses: $12,387
- Assessment Year: 1894
- Tax Amount: $19,784
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
- Pays Electric: 406
- Pays Trash: 4729
Disclosures and Reports
- Property ID: 17072010040000
Listed by @properties Christie's International Real Estate
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— 1851 W Chicago Ave —
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NMLS#: 1598647
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Schools
Schools serving 1851 W Chicago Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Talcott Elementary School 1840 West Ohio Street, Chicago, IL 60622 | K-8 | 0.2 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.4 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 1851 W Chicago Ave
Tax History
Tax History for 1851 W Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,632
3%
$80,000
—
2022
$17,133
2%
$80,000
—
2021
$16,745
19%
$80,000
33%
2020
$14,099
-1%
$60,356
-11%
2019
$14,284
2%
$67,816
—
2018
$14,067
49%
$67,816
63%
2017
$9,432
8%
$41,576
—
2016
$8,769
-10%
$41,522
-17%
2015
$9,729
4%
$49,985
6%
2014
$9,341
2%
$47,272
—
2013
$9,189
3%
$47,272
—
2012
$8,928
—
$47,272
—
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 1851 W Chicago Ave
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,500Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 2Total Baths
- 1,152Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,096Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,110Sq. Ft.
- Condo / Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,775Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,603Sq. Ft.
Listed by Natalie Carpenter (773) 430-4869
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1851 W Chicago Avenue, Chicago, IL 60622 (MLS# 12567789) is a Commercial property. 1851 W Chicago Avenue is currently listed for $1,299,900 and was received on February 20, 2026. Want to learn more about 1851 W Chicago Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.