O'Neil Property Group
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$899,000
74 Days On Site

118 E 51st Street
Chicago, IL 60615

For Sale|Business|Active
0
Beds
0
Total Baths
11,000
SqFt
$82
/SqFt
1898
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America, LLC
118 E 51st Street118 E 51st Street118 E 51st Street118 E 51st Street
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Monthly Payment (Est.)

$4,102
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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!

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Listing Snapshot
Priceย 
$899,000
Days On Siteย 
74 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
11,000 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
1898
MLSยฎ Numberย 
12591282
Statusย 
Active
Property Taxย 
$42,542.21
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLSยฎ
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Additional Property Useย 
Commercial
Foundationย 
Concrete Perimeter
Number Of Storiesย 
1
Property Sub Typeย 
Business
SqFt Totalย 
11000
Zoningย 
COMMR
Interior Features
Coolingย 
Central Air
Electricย 
Circuit Breakers
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Exterior Features
Construction Detailsย 
Brick
Community Features
MLS Areaย 
CHI - Grand Boulevard
Townshipย 
Hyde Park
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America, LLC



Based on information submitted to the MLS GRID as of 2026-05-26 10:42 PM UTC. 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.
Last checked: 2026-05-26 10:42 PM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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