118 E 51st Street — Chicago, IL 60615
Active
Chicago, IL 60615

118 E 51st Street

$899,000
0 beds · 0 baths
Listed at $899,000 48 days on market $42,542/yr taxes
01About this home

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!

02Inside the home
03By the numbers
$899,000
List price
Square feet
Bedrooms
Bathrooms
1898
Year built
Lot size
Garage spaces
$42,542
Annual taxes
Retail/Stores
Style
48
Days on market
04Features
Cooling
Central Air
Construction
Brick
05Neighborhood
  • Little Wok 200 ft
  • Five One Food Fresh Grill 550 ft
  • Skidoe's Café & Grill 600 ft
  • Friistyle 750 ft
  • Louisiana Famous Fried Chicken 850 ft
  • The Hot Dog Box 950 ft
  • Citgo 200 ft
  • Red Apple Food & Liquor 900 ft
  • BP Shop 0.5 mi
  • Adom African Market 0.5 mi
  • Garfield Food Mart 0.5 mi
  • Shell 0.7 mi
  • George Harding Park 0.3 mi
  • Robert Taylor Park 0.5 mi
  • Lorraine Hansberry Park 0.7 mi
  • Washington (George) Park 0.8 mi
  • Malus Park 0.8 mi
  • Birch Park 0.8 mi
  • Southside Grinds Coffee Co. 1000 ft
  • Sip & Savor 0.5 mi
  • Dunkin' 0.5 mi
  • Spoken Word Cafe 0.6 mi
  • Evelyns Food Love 0.6 mi
  • Ain’t She Sweet Cafe 1.1 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Mar 13, 2026
Listed for saleThis listing
Realty of America, LLC
$899,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Realty of America, LLC · Perdure Carter
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12591282
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