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Neighborhood Storefront with Full Basement
New
For Sale
$210,000

1738 W 51st Street, Chicago, IL 60609

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.03 Acres
Days on Market4

Property Features for 1738 W 51st Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning RTAIL
Directions From a starting point on South Western Ave., head Eastbound on 51st. Street towards Hermitage Avenue. On the intersection of Hermitage Avenue and 51st. Street, the store will be the third building from the Northwest corner.
Subdivision CHI - New City
Standard status Active
APN 20072270480000
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7008

Amenities

new showcase windows
3 completed bathrooms
enclosed iron gate

Building Details

Year built 1917
Floors in Building 1
Flooring type Concrete
Building materials Brick, Concrete
Roof type Rubber
Listing Agency: Kale Realty
Listed By: Marina Maeda
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 15 at 11:06AM
MLS# 12783414

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 one-story brick storefront has a full basement and is prepared for a new interior build-out. The main floor offers an open area, two finished bathrooms, a utility closet, and a rear room with storage. A finished bathroom, two stairways, and an independent entrance serve the basement. New showcase windows and an enclosed iron gate are among the completed improvements. Rear parking accommodates two cars, with access to the storage area from that space.

The property sits along the 51st Street corridor near Hermitage Avenue and 51st Street. Square Park is within walking distance. IDOT reports an average daily traffic count of 12,700 for the corridor.

Key Highlights

  • Full basement with an independent entrance and two stairways
  • Three finished bathrooms: two on the main floor and one in the basement
  • Rear parking for 2 cars with access to the storage area

Property Analytics

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Current Use

Islamic Daycare Center Daycare Center

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair Acupuncture

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

12,700 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,060
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
O'Reilly Auto Parts Shops & Services
4,429 visits/mo 0.4 miles

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 Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • Gatita's Flowers — 1833 W 51st St, Chicago, IL 60609
  • El Mercado La Candelaria — 1648 W 47th St, Chicago, IL 60609

Frequently Asked Questions

What type of property is this?
Storefront property - Gutted interior includes an open main floor, three finished bathrooms, and a separate basement entrance.
Where is this storefront property located?
The property is located at 1738 W 51st Street 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: Full basement with an independent entrance and two stairways; Three finished bathrooms: two on the main floor and one in the basement; Rear parking for 2 cars with access to the storage area
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