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$450,000 Just Listed
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Property Description
Positioned in a highly strategic pocket of the city, 511 W 45th St presents a compelling opportunity for investors and builders looking to capitalize on both location and scale. This property sits on a generously sized lot, offering the kind of flexibility that is increasingly rare-ideal for redevelopment, expansion, or a thoughtfully designed new construction project. What truly sets this site apart is its exceptional accessibility. With seamless connectivity to major thoroughfares, public transit, and key urban hubs, future residents or tenants will benefit from effortless commuting and proximity to employment centers, dining, retail, and entertainment. This level of convenience consistently drives demand and long-term value. The surrounding area continues to experience steady growth and reinvestment, signaling strong upside potential. Whether you envision a modern single-family development, multi-unit build, or a high-yield investment property, the fundamentals here align: location, lot size, and accessibility. Opportunities like this-where land, location, and future potential intersect-are increasingly scarce. 511 W 45th St stands as a prime canvas for a forward-thinking investor ready to unlock its full value.
Full Property Details
Full Property Details for 511 W 45th Street W
General
- Price: $450,000
- Taxes: $542 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12623778
- Updated: 4/20/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- Area: CHI - New City
- County: Cook
- Township: South Chicago
- Driving Directions: Head to the intersection of Halsted St & W 45th St Turn west onto W 45th St Continue about 1/2 block Arrive at 511 W 45th St (on the north/right side of the street)
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 820
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1888
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3125
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $542
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20043220220000
Listed by RE/MAX Mi Casa
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Schools
Schools serving 511 W 45th Street W
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Graham A Elementary School 4436 South Union Avenue, Chicago, IL 60609 | K-8 | 0.3 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 0.4 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 511 W 45th Street W
Date
Details
Price
Change
Source
4/20/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 511 W 45th Street W
511 W 45th Street W, Chicago, IL 60609 (MLS# 12623778) is a Single Family property with 2 bedrooms and 1 full bathroom. 511 W 45th Street W is currently listed for $450,000 and was received on April 20, 2026. Want to learn more about 511 W 45th Street W? Do you have questions about finding other Single 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.

