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$ 145,000

$ 149,999 3.3%

Est. payment -/mo

Sold on 05/19/2025

1521 W 51st ST Chicago, IL 60609

2,850 SqFt

UPDATED:

Key Details

Sold Price $145,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $50

MLS Listing ID 12261420

Sold Date 05/19/25

Year Built 1900

Annual Tax Amount $1,045

Tax Year 2022

Lot Dimensions 25X125

Property Sub-Type Multi Family 5+

Property Description

**Attention Investors and First-Time Homebuyers!** This **huge** property is being offered **"as is,"** providing a tremendous opportunity for those seeking a project or an income-generating asset. The building offers substantial space, making it an excellent choice for investors looking to capitalize on rental income potential. The main level features a spacious office area, ideal for use as a personal business space or leased out for commercial purposes. This is a prime location for anyone wanting to start or expand a commercial business. The second level consists of a two-bedroom apartment, which offers significant potential but does require some tender loving care (TLC) to fully realize its value. With the right vision and investment, this property can serve as a multi-income opportunity, offering both residential and commercial options. Agents read remarks prior to showing, thanks!

Location

State IL

County Cook

Area Chi - New City

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

Roof Type Composition

Building

Level or Stories 2

Structure Type Brick

Listed by Jose Mendez-Alvarado • RE/MAX Ultimate Professionals
Bought with Roberto Almazan • Su Familia Real Estate Inc