This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$75,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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. Though the Chicago Assessor zones it as a 4 unit, it has been recorded as) units with the Building Dept (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!
Full Property Details
Full Property Details for 2016 W 51st St
General
- Sold For: $75,000
- Taxes: $2,321 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12610088
- Added to Site: 98 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: 94 to 51st west to Address
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: Crawl Space, Partial
- Year Built: 1896
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3125
Financial Considerations
- Assessment Year: 1896
- Tax Amount: $2,321
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 20071260210000
Listed by Century 21 IMPACT
Sold by Century 21 IMPACT
Get Pre-Approved Today
Schools
Schools serving 2016 W 51st St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Daley Elementary Academy 5024 South Wolcott Avenue, Chicago, IL 60609 | PK-8 | 0.2 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2016 W 51st St
Date
Details
Price
Change
Source
7/06/2026
Sold
$75,000
-34.78%
MLS
5/02/2026
Price Reduced
$115,000
-14.81%
MLS
4/24/2026
Price Reduced
$135,000
-22.86%
MLS
4/07/2026
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2016 W 51st Street, Chicago, IL 60609 (MLS# 12610088) is a Multi-Family property that was sold at $75,000 on July 06, 2026. Want to learn more about 2016 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.

