511 W 45th Street — Chicago, IL 60609
Active
▼ $50,010
Chicago, IL 60609

511 W 45th Street

$399,990
2 beds · 1 bath · 820 sqft
$50,010 below original 22 days on market $542/yr taxes
01About 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.

02Inside the home
03By the numbers
$399,990
List price
820
Square feet
2
Bedrooms
1 full
Bathrooms
1888
Year built
Lot size
Garage spaces
$542
Annual taxes
Detached Single
Style
22
Days on market
04Features
Heating
Natural Gas
Cooling
None
Construction
Vinyl Siding
Sewer
Public Sewer
05Neighborhood
  • Kelly's Tavern 850 ft
  • Takito Grill 0.3 mi
  • Pizza Nova Express 0.3 mi
  • Petey's 0.4 mi
  • Bell Heir’s BBQ 0.4 mi
  • Subway 0.5 mi
  • Clark's Pump-N-Shop 0.3 mi
  • Citgo 0.4 mi
  • Fairplay Foods 0.5 mi
  • BP Shop 0.5 mi
  • BP Shop 0.7 mi
  • Mobil Mart 0.8 mi
  • Eden Place Nature Center 0.2 mi
  • Fuller Park 0.2 mi
  • McInerney Park 0.3 mi
  • Princeton Village Park 0.4 mi
  • Taylor-Lauridsen Park 0.5 mi
  • Robert Taylor Park 0.7 mi
  • Dunkin' 0.5 mi
  • Snack Shop 0.8 mi
  • Sip & Savor 0.8 mi
  • The Stockyard Coffeehouse 1.0 mi
  • Spoken Word Cafe 1.2 mi
  • Southside Grinds Coffee Co. 1.3 mi
POI data via Mapbox · OpenStreetMap contributors
06History

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

May 10, 2026
Price reducedThis listing
RE/MAX Mi Casa
$399,990
−$50,010
Apr 21, 2026
Listed for saleThis listing
RE/MAX Mi Casa
$450,000
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 RE/MAX Mi Casa · Melania Reyes · 708-655-1481
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12623778
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