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  • $75,000

    2016 W 51st St, Chicago, IL 60609

    4beds
    --sqft
    Multi Family
    Built in 1896
    -- sqft lot
    $75,600 Zestimate®
    $--/sqft
    $2,081 Estimated rent

    Home value

    $75,600

    $69,000 - $83,000

    $2,081/mo

    Zestimate® history
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    $2,081/mo

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    $2,081/mo

    Rent Zestimate®

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    $441/mo

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    $441/mo

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    What's special

    Flexible layout
    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. Though the Chicago Assessor zones it as a 4 unit, it has been recorded as) units with the Building Dept (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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dana Jones 773-495-3659,

    Century 21 IMPACT

    Bought with:

    Tuwanna Dennis

    Century 21 IMPACT

    Source: MRED as distributed by MLS GRID,MLS#: 12610088MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Features
    • Basement: Crawl Space,Partial

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 3,125 Square Feet
    Details
    • Parcel number: 20071260210000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1896

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $140,000
    • Annual tax amount: $2,321
    • Date on market: 4/7/2026
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/6/2026Sold$75,000-34.8%
    Source: MRED as distributed by MLS GRID #12610088 Report a problem
    5/8/2026Contingent$115,000
    Source: MRED as distributed by MLS GRID #12610088 Report a problem
    5/2/2026Price change$115,000-14.8%
    Source: MRED as distributed by MLS GRID #12610088 Report a problem
    4/24/2026Price change$135,000-22.9%
    Source: MRED as distributed by MLS GRID #12610088 Report a problem
    4/7/2026Listed for sale$175,000
    Source: MRED as distributed by MLS GRID #12610088 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,813 +21.2%$14,000 +27.3%
    2023$2,321 +2.6%$11,000
    2022$2,263 +2.3%$11,000
    2021$2,212 +51.4%$11,000 +67.7%
    2020$1,461 -5.8%$6,559 -15%
    2019$1,550 +1.7%$7,717
    2018$1,524 -35.3%$7,717 -29.4%
    2017$2,355 +7.5%$10,938
    2016$2,191 +9.3%$10,938
    2015$2,004 +106.9%$10,938 +11%
    2014$969 -45.9%$9,853
    2013$1,792 +1.4%$9,853
    2012$1,768 +46.2%$9,853 -23.3%
    2011$1,209 -42.2%$12,847
    2010$2,091 +134.1%$12,847
    2009$893 -17.6%$12,847 -17.7%
    2008$1,084 +17.9%$15,614
    2007$919 +5.2%$15,614
    2006$874 -5.1%$15,614 +55.8%
    2005$921 +1.9%$10,024
    2004$904 +4.5%$10,024
    2003$865 $10,024
    Find assessor info on the county website

    Neighborhood: Back of the Yards

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $75,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $75,600