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118 E 51st Street , Chicago, IL 60615

$899,000
  • 118 E 51st Street , Chicago, IL 60615 Main Photo

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New to the Market New
SQUARE FEET11,000 MLS#12591282
STATUSNew PROPERTY TYPECommercial - Retail

Property Description

This Prime Commercial Investment Opportunity In The Bronzeville/Washington Park Area Is Available And Waiting For You! Discover a well maintained 6-unit retail building located in one of Chicago's fastest growing corridors. Units range from 1,100-3,500 sq ft, offering flexible layouts ideal for a variety of commercial uses. The property features 2 occupied units...a liquor store & mart and nail salon, providing immediate rental income. The corner restaurant unit was rehabbed just 3 years ago. The restaurant, single storefront and a larger double unit are currently vacant, offering potential for owner-users or investors looking to increase cash flow. Situated in a high foot traffic area, this property benefits from strong neighborhood activity, street parking and close proximity to public transportation. Surrounded by ongoing new developments and located just minutes from the highly anticipated Obama Presidential Center, this location is poised for continued growth and long term appreciation on the South Side!

118 E 51st Street | MLS# 12591282

This commercial property located at 118 E 51st Street , Chicago, IL 60615 is currently listed for sale with an asking price of $899,000. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.26 Acres
Stories: 1.0
Taxes: $42,542
Year Built: 1898

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers, Service - 101 to 200 Amps
Exterior: Brick
Fire Protection: None
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air
Location: Central Business District, Public Transport Avail
Lot Dimensions: 11520
Miscellaneous Indoor: Private Restroom/s
Number of Tenant(s): 2
Parcel#: 20101200190000
Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Operating Stops, Repairs, Scavenger
Units: 6

Listed By / Shown By

Listed By

Agency Name: Realty of America, LLC
Agency Phone: 708-788-1900

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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