Building Details

Year Built 1893

Listing Agency: American International Realty h***@listwithfreedom.com Show Phone

Listed By: Henry Torn · License #IL 471.018202

Source: Crexi

Added: Apr 24 Changed: Aug 29 Last Checked: Aug 29 at 1:58PM

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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 multifamily property at 738 W 51st Street is an occupied residential income asset that requires repair. The building is currently subject to a short sale contract, and tenants are in place. Showings and site activity should account for the existing occupancy.

Key Highlights

• Multifamily property with tenants in place
• Building requires repair
• Subject to a short sale contract

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic

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

475

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Occupied multifamily asset requiring renovation and currently subject to a short sale contract.

Where is this multifamily property located?

The property is located at 738 W 51st Street Chicago, IL.

What are key features of this property?

This property features: Multifamily property with tenants in place; Building requires repair; Subject to a short sale contract