Two-Unit Residential Income
For Sale
Contact for pricing
908 W 51ST Place, Chicago, IL 60609
As-is multi-unit with a fully rehab-needed first floor and a rentable second-floor unit needing updates.
Property SizeContact for details
Days on Market70
Property Features for 908 W 51ST Place
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multifamily
Building Details
Year Built
1888
Stories
2
Listing Agency:
eXp Realty, LLC
(773) 981-2042
Listed By:
Sheila Eason
Source:
Crexi
Added: Jun 13
Changed: Aug 17
Last Checked: Aug 20 at 3:56PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This is a two-unit residential income property sold as-is. The first floor requires a total rehab, while the second-floor unit is currently rented but needs updating. The seller is looking for buyers who are comfortable reviewing the condition and bringing appropriate rehab plans and resources.
The property is located at 908 W 51ST Place in Chicago, IL 60609. Prospective buyers should schedule a showing to assess the interior condition firsthand and confirm the current layout and tenant situation.
This handyman special may fit investors and owner-operators seeking a value-add opportunity through renovation. Because the offering is strictly as-is and the first floor needs substantial work, due diligence during the visit is important. The second floor being rented provides an immediate occupancy component, while the required updates create room for stabilization through coordinated improvements.
The property is located at 908 W 51ST Place in Chicago, IL 60609. Prospective buyers should schedule a showing to assess the interior condition firsthand and confirm the current layout and tenant situation.
This handyman special may fit investors and owner-operators seeking a value-add opportunity through renovation. Because the offering is strictly as-is and the first floor needs substantial work, due diligence during the visit is important. The second floor being rented provides an immediate occupancy component, while the required updates create room for stabilization through coordinated improvements.
Key Highlights
- As‑is multi‑unit built in 1888
- First‑floor unit requires total rehab
- Second‑floor unit is rented and needs updating
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
553
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
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Frequently Asked Questions
What type of property is this?
Duplex - As-is multi-unit with a fully rehab-needed first floor and a rentable second-floor unit needing updates.
Where is this duplex located?
The property is located at 908 W 51ST Place 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: As‑is multi‑unit built in 1888; First‑floor unit requires total rehab; Second‑floor unit is rented and needs updating
