Price Reduction
Address
2021 W 51st Street, Chicago, IL
Price
$ 390,999
Property Attributes
  • MLS#12042681
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - New City
  • NeighborhoodNew City
  • Zip60609
  • Style
  • Year Built1988
  • Taxes$ 16366
  • Price$ 390,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.037511 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Welcome to a golden opportunity where your entrepreneurial dreams can come to life! Situated on a spacious double lot, this substantial commercial property offers endless possibilities, whether you envision opening a restaurant, bar, warehouse, or salon. The main attraction is a versatile commercial space that invites a multitude of business ideas to flourish. Adding to its appeal, the property includes a two-unit building positioned at the rear of the lot, each featuring a well-equipped kitchen, a full bathroom, and three bedrooms. These units provide excellent potential for private offices, staff accommodation, or rental opportunities, enhancing the value and utility of your investment. With this prime setup, you can enjoy the convenience of living close to your business or generate additional income through residential leasing. Don't miss out on this exceptional property where location and versatility converge to offer a unique business opportunity. Turn your vision into reality and never worry about being late to work again!

Price History
5/2/2024 Listed $415,999
5/21/2024 3% - $405,000
5/29/2024 4% - $390,999

General Features

Cooling Window Unit(s)
Possession Closing,Immediate
Zoning COMMR
Year Built 1988
Electric Circuit Breakers
Tenant Pays Common Area Maintenance,Electricity,Heat,Taxes,Insurance,Scavenger,Sewer
Stories 2
Township Lake
Property SubType Apts/Ofc/Store,Apts/Stores
Tax Year 2022
County Cook
Property Type Commercial Sale
Status Active
Directions Take 51st St east or west to Damen South to address
City Chicago
NumberOfUnitsTotal 2
MLS Area CHI - New City
Lot Size Square Feet 1634
Street Name 51st
Tax Annual Amount 16366
Additional Parcels Y/N Yes
Days on Market 33
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Street

Exterior Features

Lot Dimensions 6350

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60609

Price
AVG $430K
$390K
Taxes
AVG $10,183
$16,366
Visits
AVG 181
83
Data Provided by Inside Real Estate®
Year Built
AVG 1937
1988

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