Mixed-Use Building with
New
For Sale
$75,000
2016 W 51st Street, Chicago, IL 60609
Built in 1896, the property has residential space above and behind its former commercial frontage.
Property SizeContact for details
Days on Market3
Property Features for 2016 W 51st Street
General Information
Standard status
Active
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
requires a full renovation
Site & Location
Neighborhood
Back of the Yards
Mixed-Use Components
retail, residential
Amenities
Forced Air
Building Details
Year Built
1896
Listing Agency:
Century 21 IMPACT
Listed By:
Dana Jones
(773) 495-3659
Source:
Kw
Added: Oct 30
Last Checked: Oct 30 at 3:15PM
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 Century 21 IMPACT
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1896 mixed-use property combines a former storefront with residential space on the upper level and at the rear. Forced-air heating is listed among its interior features. The building requires a full renovation and is offered in its current condition.
Its former commercial and residential configuration gives the property distinct components within one building. The available information does not establish current unit count or permitted uses.
Its former commercial and residential configuration gives the property distinct components within one building. The available information does not establish current unit count or permitted uses.
Key Highlights
- Former storefront with residential areas above and behind
- Built in 1896
- Full renovation required; offered as‑is
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 35%
Electronics 7%
Dunkin' Donuts
Dining
14,350 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,013 visits/mo
0.5 miles
BP
Shops & Services
6,996 visits/mo
0.4 miles
Mobil
Shops & Services
5,875 visits/mo
0.5 miles
Boost Mobile
Electronics
3,026 visits/mo
0.5 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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Built in 1896, the property has residential space above and behind its former commercial frontage.
Where is this mixed-use property located?
The property is located at 2016 W 51st Street Chicago, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Former storefront with residential areas above and behind; Built in 1896; Full renovation required; offered as‑is
