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100-116 E 51st Street,  Chicago IL, 60615

(Active)
$1,350,000
|
|
MLS# 12001277
Last Updated: 5/14/2024 11:58 PM
Description for 100-116 E 51st Street Chicago, IL 60615
BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site. The ground floor is 100% leased 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. Possible TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.
Price
$1,350,000
Cook
12001277
Active
Description
BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site. The ground floor is 100% leased 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. Possible TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.44 Acres 1940 2
Brick Commercial, Retail
Hyde Park//
7 Total
Commercial
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick
Rubber
160X120
COMMR
Driving Directions
North East Corner of 51st St / Michigan Ave
Financial Considerations
20101200210000
$47,535
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60615 has a population of 2,781,445.

The median household income in Chicago, Illinois 60615 is $51,887. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60615 is 38 years.

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Courtesy: Great Lakes Realty Central Inc
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/15/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

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This content last refreshed on 5/14/2024 11:58 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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