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    1212 W 51St St Chicago, IL 60609

    Sponsored
    For Sale
    $225,000

    Residential Income - Chicago, IL

    Days on Market:
    56
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 1212 W 51St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    APN
    20081310410000

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1913
    Architectural style
    Other

    HomeSmart Realty Group (708) 320-0002 [email protected]

    Listing agent Anna Comer (708) 320-0002 License #475169811

    Listing date Nov 16, 2025

    MLS# 12514542 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Residential Income Opportunity

    This property presents an investment opportunity, featuring two main units and a rear coach house. There is potential to add a fourth unit in the basement or create a duplex-down configuration, with a separate entrance and exit already in place. The property is being sold AS/IS, without seller warranties. Cash or rehab financing is preferred. The property is located in Chicago, Illinois, within the 60609 postal code area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6557084
    Latitude
    41.8017064

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with coach house and potential for expansion.
    Where is this multifamily property located?
    The property is located at 1212 W 51St St Chicago, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Three existing units offer immediate rental income potential.; - Potential for a fourth unit in the basement or duplex-down configuration.; - Investment opportunity with multiple income streams.
    (708) 320-0002
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    1212 W 51St St Chicago, IL 60609
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1212 W 51St St Chicago, IL 60609
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