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As-Is Multi-Unit Residential Property
For Sale
$210,000

908 W 51ST Place, Chicago, IL 60609

MULTI_FAMILY - Chicago, IL

Lot Size0.25 Acres
Days on Market52

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 Bathroom 1, Bedroom 4, Basement, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6
Parking 2
Parking features Garage
Basement Full, Unfinished
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: Jul 28 Last Checked: Aug 1 at 5:06PM
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 as-is multi-unit residential property is presented as a handyman special, with a first floor that needs a total rehab. The second floor is currently rented, though it will need updating. The home is being offered in its current condition, and prospective buyers should plan for renovation work accordingly.

Located at 908 W 51ST Place in Chicago, Illinois 60609, the property sits on a 0.25-acre lot. The address provides straightforward access for showings and future improvements, and the two-level arrangement offers a clear starting point for a buyer evaluating renovation scope and tenant-in-place considerations.

For rehab investors or owner-operators looking for a value-add project, the layout may fit a strategy focused on upgrading the vacant first-floor unit while maintaining rental income from the second floor. Because the sale is explicitly as-is, buyers should underwrite repairs and budgeting for finishes, systems, and general improvements based on their inspection findings. If you’re prepared to put in the work, schedule a showing to review both levels and confirm the condition firsthand before making an offer.

Key Highlights

  • Multi‑unit property built in 1888
  • As‑is sale; first floor requires total rehab and second floor is rented with updates needed
  • Vinyl siding exterior and asphalt roof

Property Analytics

Current Use

Duplexes

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.

Lease Details

Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - As-is sale with a first floor needing total rehab and a second floor already rented but requiring updates.
Where is this duplex 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: Multi‑unit property built in 1888; As‑is sale; first floor requires total rehab and second floor is rented with updates needed; Vinyl siding exterior and asphalt roof
More about this property
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