Four-Unit Residential Income Building

1314 W 51st Street Chicago, IL 60609

Claim this Listing
For Sale
$489,000

MULTI_FAMILY - Chicago, IL

Added:
Jun 25, 2026
Days on Market:
18
Last Refresh:
Jul 12 at 1:06 am

Property Features for 1314 W 51st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 2, Bedroom 7, Bathroom 1, Bedroom 6, Bedroom 8, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Parking
2
Parking features
Garage
Basement
Crawl Space
Standard status
Active
APN
20081290410000

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
949

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Building materials
Brick

Listing agent Juan Loza License #475103946

Listing office American International Realty 6138 N. Lincoln Ave., Chicago, IL

Listing date Jun 25, 2026

MLS# 12688579 Listing URL

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 offering is a four-unit residential income building in good condition. All utilities are separate, and the property has had work completed with permits, providing additional documentation around recent improvements. Three of the four apartments are currently vacant, which can make interior access and showings straightforward.

The building is located at 1314 W 51st Street in Chicago, Illinois 60609. Prospective buyers can review the configuration on-site, with the current vacancy situation offering an opportunity to evaluate unit finishes and potential leasing or occupancy plans based on current market conditions.

For investors or owner-operators seeking a manageable multi-family asset, the combination of a four-unit layout, separate utilities, and permit-documented work can be attractive from an operations perspective. With three units available now, an owner may be able to align leasing timelines across multiple apartments while keeping the fourth unit as part of day-to-day income planning. The property is offered for sale, and appointments are facilitated by the current vacancy status.

Key Highlights

  • 4‑unit building constructed with brick
  • All utilities are separate
  • Natural gas forced‑air heating

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center HVAC Service Accounting Firm Cafe & Coffee Shop Tech Support Center Computer & Electronic Repair

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

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit property with separately metered utilities and three apartments currently vacant for easy showings.
Where is this quadplex located?
The property is located at 1314 W 51st Street Chicago, IL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 4‑unit building constructed with brick; All utilities are separate; Natural gas forced‑air heating
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More about this property
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