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118-30 E 51st Street

Chicago, Illinois 60615

Matthew Neistat

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Square Footage

Property Type
Retail Store
Community Area
Grand Boulevard

Designated in an Opportunity Zone, a rare opportunity to own 12,000+ SF of land/mixed-use in Bronzeville. This investment appeals to all investors who are looking for stable, value add or what to take advantage of tax benefits of an Opportunity Zone investment. The asset includes over 9,000 SF of retail space and 1,400 SF of residential living. The location is ideal, a 3 minute walk to the Green Line, 4.5 miles to Downtown and home to the University of Chicago and Medical Center. Bronzeville and the surrounding neighborhood are being redeveloped with new community improvements, such as the Obama Library.

Full Features
Built: 1898
Cooling System: Central Air,Central Individual
Stories: 2
Roof: Membrane,Rubber
Current Use: Commercial
Zoning: COMMR
Rentable Square Feet: 10,800
Building Square Feet: 10,800
Current Net Income: $12,083
School District(s): City Of Chicago SD 299

Taxes & Assessments
Taxes: $18,264

Listing information updated today (9/22/2019)

Grand Boulevard

Neighborhoods: Bronzeville

Bronzeville: Located on Chicago's South Side, along the main drag of Martin Luther King, Jr. Drive and 47th Street, Bronzeville is one of the nation's most significant areas in African-American urban history. In its heyday, from the 1920s to theā€¦

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Nearby Public Transportation

CTA Rail

at 51st (0.16 miles away), 47th

Metra Electric Main Branch, South Shore, Metra Electric South Chicago Branch

at 47th St Metra (1.65 miles away), 57th Street, 67th St Metra

118-30 E 51st Street Chicago, Illinois 60615 is a retail store currently listed at $1,050,000. This retail store has been listed on @properties since September 3rd, 2019 and was built in 1898. Nearby schools include Burke Elementary School, Phillips Academy High School. The nearest transit stops include 51st CTA Green line, Metra Electric Main Branch 47th St Metra. Want to learn more about 118-30 E 51st Street Chicago, Illinois 60615? Contact an @properties agent to request more info.