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Multifamily Property with Garage
For Sale
$210,000

908 W 51ST Place, Chicago, IL 60609

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.25 Acres
Days on Market104

Property Features for 908 W 51ST Place

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4
Parking 2
Parking features Garage
Basement Unfinished, Full
Elementary school Sherman Elementary School
High school Tilden Career Communty Academy S
Elementary school district 299
Middle school district 299
High school district 299
Directions GO NORTH OR SOUTH ON HALSTED, TURN LEFT OR RIGHT ONTO HALSTED, THEN GO WEST TO PEORIA ST, TURN LEFT ONTO PEORIA ST, THEN TURN RIGHT ONTO THE 900 BLOCK THEN TO THE PROPERTY.
Subdivision CHI - New City
Standard status Active
APN 20084040440000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 706

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1888
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: eXp Realty
Listed By: Sheila Eason
Added: Jun 11 Changed: Sep 13 Last Checked: Sep 22 at 2:06AM
MLS# 12676019

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This multifamily property includes six bedrooms, two bathrooms, and a basement within a two-level residential configuration. The first floor requires a complete rehabilitation, while the second floor is occupied and needs updating. The property is being offered in its existing condition, providing a clear renovation scope for a purchaser.

Built in 1888, the building has vinyl siding, an asphalt roof, natural gas heat, and a garage. Public water and public sewer serve the property. The parcel contains 0.25 acres and is located in Chicago’s 60609 ZIP Code.

Key Highlights

  • 0.25‑acre multifamily parcel in Chicago, IL 60609
  • Six bedrooms, two bathrooms, and a basement
  • First floor requires a complete rehabilitation

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two-level residential income property offered as-is, with one floor occupied and the other requiring substantial renovation.
Where is this multifamily property located?
The property is located at 908 W 51ST Place Chicago, IL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 0.25‑acre multifamily parcel in Chicago, IL 60609; Six bedrooms, two bathrooms, and a basement; First floor requires a complete rehabilitation
More about this property
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