118 E 51st Street
Chicago, IL, 60615
$899,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12591282 image #0
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
Chi – Grand BoulevardChigrandboulevard

Ask a Question

See this Listing

Send
  

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

Market Summary

Current real estate data for Commercial in Chicago as of Oct 04, 2026
907
Commercial Listed
185
Avg DOM
$1,020,477
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

Similar Listings Nearby

broker reciprocity
MLS# MRD12696374broker reciprocity
342 E 71st Street
Chicago, IL

$1,135,000

2.5 miles away

broker reciprocity
MLS# MRD12760248broker reciprocity
4723 S Vincennes Avenue
Chicago, IL

$1,125,000

0.6 miles away

broker reciprocity
MLS# MRD12703883broker reciprocity
7914 S Dobson Avenue
Chicago, IL

$1,100,000

3.7 miles away

broker reciprocity
MLS# MRD12635126broker reciprocity
620 W Roosevelt Road
Chicago, IL

$1,095,000

4.6 miles away

broker reciprocity
MLS# MRD12614240broker reciprocity
2904 S Wells Street
Chicago, IL

$1,080,000

2.7 miles away

broker reciprocity
MLS# MRD12681072broker reciprocity
7001 S Vernon Avenue
Chicago, IL

$1,075,000

2.4 miles away

broker reciprocity
MLS# MRD12625079broker reciprocity
6837 S Clyde Avenue
Chicago, IL

$1,050,000

3.3 miles away

broker reciprocity
MLS# MRD12625316broker reciprocity
7600 S Phillips Avenue
Chicago, IL

$1,050,000

4.3 miles away

broker reciprocity
MLS# MRD12718543broker reciprocity
6751 S Chappel Avenue
Chicago, IL

$1,050,000

3.2 miles away

broker reciprocity
MLS# MRD12726604broker reciprocity
1126-1130 W 18th Street
Chicago, IL

$1,050,000

4.2 miles away

118 E 51st Street
Chicago, IL