Outstanding mixed-use investment opportunity in Chicago’s vibrant Gage Park neighborhood! Located along the busy 51st Street commercial corridor, this versatile property features a high-visibility ground-floor commercial space paired with two residential units above. Benefiting from flexible B3-1 Community Shopping District zoning, the main-level commercial footprint is ideally suited for a storefront retail business, professional office, neighborhood service shop, or medical space. The upper-level apartment units deliver steady supplemental rental income, making this an ideal asset for an owner-operator seeking to run a business on-site or a value-add investor looking for consistent cash flow. Conveniently positioned near Kedzie Avenue, public transit options, and local neighborhood anchor businesses, this high-exposure asset presents excellent long-term upside in an established Chicago corridor.
Property Details
Price:
$580,000
MLS #:
MRD12740487
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chigagepark
Listed Date:
Aug 23, 2026
Total Sq Ft:
4,368
Year Built:
1965
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
2
Financial
Tax Year
2024
Taxes
$6,027
Map
Community
- Address2724 W 51st Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60632
Market Summary
Current real estate data for Commercial in Chicago as of Oct 06, 2026
882
Commercial Listed
185
Avg DOM
$1,023,378
Avg List Price
Property Summary
- 2724 W 51st Street Chicago IL is a Commercial for sale in Chicago, IL, 60632. It is listed for $580,000
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Copyright 2026. All rights reserved.
2724 W 51st Street
Chicago, IL


