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Four-Unit Residential Income Property

1314 West 51st Street Chicago, IL 60609

1314 West 51st Street, Chicago, IL, 60609
$489,000
For Sale
$489,000

Four-unit building with separately metered utilities, permitted improvements, and three vacant apartments for easy showings.

Days on Market28

Property Features for 1314 West 51st Street

General Information

Standard status
Active
Property subtype
Two to Four Units / 2 Flat
Listing agency American International Realty
Listed by Juan Loza · License #475103946
Source Compass
Added: Jun 25 Updated: Jul 21 at 10:30PM Checked: Jul 21 at 10:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of American International Realty


Investment Insights

Based on property information with market context.

This four-unit residential income property is reported to be in good condition. The building has separate utilities for each unit. The remarks also note that work was completed with permits.

According to the public remarks, three apartments are currently vacant, which should make scheduling showings more straightforward. Easy to show with the available units.

The property is configured as a four-unit quadplex, offering an income-focused setup under separate utility billing as described in the listing.

Key Highlights

  • 4‑unit building in good condition
  • Separately metered utilities for each unit
  • Permitted work completed on the property

Property Analytics

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 - Four-unit building with separately metered utilities, permitted improvements, and three vacant apartments for easy showings.
Where is this quadplex located?
The property is located at 1314 West 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 in good condition; Separately metered utilities for each unit; Permitted work completed on the property
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More about this property
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