Active
100-116 E 51st Street
Chicago IL, 60615
$1,350,000
Active
Other
Built in 1940
Courtesy of Great Lakes Realty Central Inc
BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site with a 17 car parking lot! The ground floor is leased to long term tenants and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Transit Oriented Development site, potential TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.
12162362
MLSⓇ ID
September 13, 2024
Listed
November 22, 2024
Updated
Map
100-116 E 51st Street
Chicago IL, 60615
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.44 Acres
Roof
Rubber
Other Property Details
Area Name
CHI - Grand Boulevard
Taxes
$48,807
Tax Frequency
Annually
Days on Market
7
Garage
No
View
No
County
Cook
Municipality
Hyde Park
Pool
No
Zoning
COMMR
Courtesy of Great Lakes Realty Central Inc, Lukasz Kristen,
Listing Contact: 773-905-4848
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Based on information submitted to the MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 8:10 AM UTC, 11/22/2024
