Attention investors and owner-occupants! Exceptional income-producing opportunity in Chicago featuring multiple finished living spaces and strong rental potential. The property offers a 2-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, a finished 2-bedroom, 1-bath basement, and a finished attic with 1 bedroom and 1 bath, providing versatile living arrangements. Major improvements include a complete tear-off roof on the main house, a newer 2-car garage, brand-new laminate flooring in the basement and second floor, fresh paint, and a new sink and toilet. The second-floor bathroom has also been updated. Pride of ownership is evident throughout, with numerous improvements already completed. Based on current market conditions, the first and second-floor units may each generate approximately $1,700-$1,900 per month in rental income. The finished attic offers additional potential for related living or supplemental income opportunities, subject to zoning and local regulations. Whether you’re looking to expand your investment portfolio, generate strong cash flow, or live in one unit while offsetting your mortgage with rental income, this property checks all the boxes. Conveniently located near schools, public transportation, shopping, and expressways. Schedule your showing today! Professional pictures coming soon.
Property Details
Price:
$560,000
MLS #:
MRD12635092
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
Jun 8, 2026
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Vinyl Siding, Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$2,766
Map
Community
- Address2101 W 51st Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 10, 2026
1,384
Multi Family Listed
79
Avg DOM
$531,943
Avg List Price
Property Summary
- 2101 W 51st Street Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $560,000
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Copyright 2026. All rights reserved.
2101 W 51st Street
Chicago, IL


