2724 W 51st Street
Chicago, IL, 60632
$580,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12740487 image #0
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
Chi – Gage ParkChigagepark

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
2

Financial

Tax Year
2024
Taxes
$6,027

Map

Community

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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