Active

118 51st Street

Chicago, IL 60615
$899,000
0beds
0baths
sqft
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About this home

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!
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1898
Lot size
Annual tax$42,542.21
CountyCook
MLS #MRD12591282
Days on market7

Features

Cooling
Central Air
Construction
Brick
Listed by
Realty of America, LLC
Perdure Carter

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 3/18/2026, 5:06:03 AM. All data should be independently verified.

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