$175,000

beds

baths

half bath

2016 W 51st Street

Chicago, Illinois 60609

New / MLS #12610088 / Multiple Unit (2-4) / New City

Listing information updated 4/7/2026 at 6:03pm

Investor Special with Mixed-Use Potential in the Heart of Chicago! Unique opportunity to restore and reimagine this property featuring a former storefront with residential space above and behind. Ideal for investors, developers, or owner-users seeking a live/work concept. Property offers flexible layout with the potential to create multiple residential units, expand living space into the attic, or reconfigure for optimal income-producing use. Zoned for multi-unit use (buyer to verify all zoning and use possibilities). This property requires a full renovation and is being sold as-is. Ideal for those looking to bring their vision to life and capitalize on the growing demand for mixed-use and multi-family properties in the area. Conveniently located near transportation, retail, and neighborhood amenities. Bring your contractor and your creativity-this is a true value-add opportunity!

Full Features

Exterior Type:

Vinyl Siding,Brick

Basement:

Crawl Space,Partial

Beds Above Grade:

Heating System:

Forced Air

Pool:

Age:

100+ Years

Parking Type:

Garage - Yes,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$2,321

Tax Year:

2025

Location

Zip Code:

60609

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Vinyl Siding,Brick

Basement:

Crawl Space,Partial

Beds Above Grade:

Heating System:

Forced Air

Pool:

Age:

100+ Years

Parking Type:

Garage - Yes,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Tax Amount:

$2,321

Tax Year:

2025

Zip Code:

60609

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Century 21 IMPACT

Listing Office Phone: 815.221.8400

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/7/2026 at 6:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

New City, IL

Located on Chicago's South Side, New City is a large and historically significant neighborhood that includes the well-known Back of the Yards area. The community played a central role in Chicago's industrial history and labor movement, shaping much of its identity in the early 20th century. Today, N...

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Orange line at Western

$246,752

Average Sale Price

107

Average Days On The Market

93%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.