Renovated Four-Unit
For Sale
$495,000
Pending
716-718 W 51st Street, Chicago, IL 60609
Four recently renovated residences offer two bedrooms, one bathroom, hardwood floors, storage, and on-site coin laundry.
Property SizeContact for details
Days on Market114
Property Features for 716-718 W 51st Street
General Information
Standard status
Pending
Property subtype
MULTI_FAMILY
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,509
Amenities
coin laundry
Building Details
Year Built
1895
Listing Agency:
RE/MAX LOYALTY
Listed By:
Jaime Campos · License #475157922
(708) 715-7258
Source:
Harkinsandassociates
Added: Jun 26
Changed: Oct 14
Last Checked: Oct 16 at 2:30PM
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 RE/MAX LOYALTY
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Investment Insights
Based on property information with market context.
This 1895 Chicago quadplex contains four residential units, each offering approximately 1,000 square feet with two bedrooms and one bathroom. Recent renovations include hardwood flooring, abundant natural light, open kitchen and living areas, walk-in closets, and additional storage. Three units are occupied, while one is vacant, providing a combination of existing rental income and near-term leasing flexibility.
The property also provides coin-operated laundry on site and parking spaces behind the building. Located at 716-718 W 51st Street in Chicago, Illinois 60609, the building presents a four-unit configuration with consistent layouts and updated interior features.
The property also provides coin-operated laundry on site and parking spaces behind the building. Located at 716-718 W 51st Street in Chicago, Illinois 60609, the building presents a four-unit configuration with consistent layouts and updated interior features.
Key Highlights
- Four‑unit property with 2‑bedroom, 1‑bath layouts
- Approximately 1,000 sq ft of living space per unit
- Three units rented and one unit vacant
Property Analytics
Current Use
Lease Details
4
Residential units
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four recently renovated residences offer two bedrooms, one bathroom, hardwood floors, storage, and on-site coin laundry.
Where is this quadplex located?
The property is located at 716-718 W 51st Street Chicago, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four‑unit property with 2‑bedroom, 1‑bath layouts; Approximately 1,000 sq ft of living space per unit; Three units rented and one unit vacant
