2016 West 51st Street

Chicago IL 60609

Multi-Family

Last sold for $75,000

Dana Jones, last sold this property on 06 July 2026 after 89 days on market.

Overview

Investor Special with Mixed-Use Potential in the Heart of Chicago! Unique opportunity to restore and reimagine this property featuring a former storefront with residential space above and behind. Ideal for investors, developers, or owner-users seeking a live/work concept. Property offers flexible layout with the potential to create multiple residential units, expand living space into the attic, or reconfigure for optimal income-producing use. Though the Chicago Assessor zones it as a 4 unit, it has been recorded as) units with the Building Dept (buyer to verify all zoning and use possibilities). This property requires a full renovation and is being sold as-is. Ideal for those looking to bring their vision to life and capitalize on the growing demand for mixed-use and multi-family properties in the area. Conveniently located near transportation, retail, and neighborhood amenities. Bring your contractor and your creativity-this is a true value-add opportunity!

Features

4 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 2016 West 51st Street is $230k.

Median value

$230k

Estimated value range

$75k - $560k

Median days on market

Estimated value trend

19%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2016 West 51st Street

2026

Sold

$75,000

06 Jul 2026 by Dana Jones, of Dior Realty Group

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.