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    844 W 51St Pl Chicago, IL 60609

    New
    For Sale
    $395,000

    Residential Income - Chicago, IL

    Days on Market:
    6
    Last Refresh:
    Dec 9 at 4:06 pm

    Property Features for 844 W 51St Pl

    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
    6
    APN
    20084050230000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1888
    Roof type
    Tile
    Architectural style
    Other

    Worth Clark Realty (800) 991-6092 [email protected]

    Listing agent Kenneth Baylock (800) 991-6092 License #475182150

    Listing date Dec 4, 2025

    MLS# 12513940 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 Two-Flat Investment Opportunity

    This is a newly rehabbed two-flat building located in the Back of the Yards neighborhood of Chicago, IL. It can be used as a turnkey investment property or for an owner to live in one unit and rent out the other. The building features hardwood floors, custom kitchen cabinets, and granite countertops. New appliances are installed, including a stackable washer and dryer. The bathrooms are newly crafted. A two-car garage is included, along with a full basement that provides storage space. New furnaces and hot water heaters have been installed. The property is located on a quiet block.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -87.6471775
    Latitude
    41.8009208

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    FAQs

    What type of property is this?
    Duplex - Rehabbed two-flat in Back of the Yards neighborhood.
    Where is this duplex located?
    The property is located at 844 W 51St Pl Chicago, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Newly rehabbed 2-flat building - turnkey investment or owner-occupancy opportunity.; - New furnaces and hot water heaters.; - Custom kitchen cabinets with granite countertops and new appliances, including stackable washer & dryer.
    (800) 991-6092
    Request Owner's contact information
    844 W 51St Pl 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
    844 W 51St Pl Chicago, IL 60609
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