This Prime Commercial Investment Opportunity In The Bronzeville/Washington Park Area Is Available And Waiting For You! Discover a well maintained 6-unit retail building located in one of Chicago’s fastest growing corridors. Units range from 1,100-3,500 sq ft, offering flexible layouts ideal for a variety of commercial uses. The property features 2 occupied units…a liquor store & mart and nail salon, providing immediate rental income. The corner restaurant unit was rehabbed just 3 years ago. The restaurant, single storefront and a larger double unit are currently vacant, offering potential for owner-users or investors looking to increase cash flow. Situated in a high foot traffic area, this property benefits from strong neighborhood activity, street parking and close proximity to public transportation. Surrounded by ongoing new developments and located just minutes from the highly anticipated Obama Presidential Center, this location is poised for continued growth and long term appreciation on the South Side!
Property Details
Price:
$899,000
MLS #:
MRD12591282
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Restaurant
Neighborhood:
chigrandboulevard
Listed Date:
Mar 12, 2026
Total Sq Ft:
11,000
Year Built:
1898
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$42,542
Map
Community
- Address118 E 51st Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
Market Summary
Current real estate data for Commercial in Chicago as of May 15, 2026
897
Commercial Listed
190
Avg DOM
$1,025,112
Avg List Price
Property Summary
- 118 E 51st Street Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $899,000
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Copyright 2026. All rights reserved.
118 E 51st Street
Chicago, IL


