Active

511 45th Street

Chicago, IL 60609
$450,000
2beds
1bath
820sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"

About this home

Positioned in a highly strategic pocket of the city, 511 W 45th St presents a compelling opportunity for investors and builders looking to capitalize on both location and scale. This property sits on a generously sized lot, offering the kind of flexibility that is increasingly rare-ideal for redevelopment, expansion, or a thoughtfully designed new construction project. What truly sets this site apart is its exceptional accessibility. With seamless connectivity to major thoroughfares, public transit, and key urban hubs, future residents or tenants will benefit from effortless commuting and proximity to employment centers, dining, retail, and entertainment. This level of convenience consistently drives demand and long-term value. The surrounding area continues to experience steady growth and reinvestment, signaling strong upside potential. Whether you envision a modern single-family development, multi-unit build, or a high-yield investment property, the fundamentals here align: location, lot size, and accessibility. Opportunities like this-where land, location, and future potential intersect-are increasingly scarce. 511 W 45th St stands as a prime canvas for a forward-thinking investor ready to unlock its full value.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential
Year built1888
Lot size
Annual tax$542
CountyCook
MLS #MRD12623778
Days on market3

Features

Heating
Natural Gas
Cooling
None
Construction
Vinyl Siding
Sewer
Public Sewer
Listed by
RE/MAX Mi Casa
Melania Reyes · 708-655-1481

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/22/2026, 5:37:03 PM. All data should be independently verified.

You + your agent

What do you think?

React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.

Loading…