Active
511 45th Street
Chicago, IL 60609
$450,000
2beds
1bath
820sqft
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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.
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