100-116 East 51st Street
100-116 East 51st Street
$1,350,000
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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...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.
- Listed by Lukasz Kristen • Great Lakes Realty Central Inc
Property Details for 100-116 East 51st Street
Area
CHI - Grand Boulevard
TownshipHyde Park
ZoningCOMMR
Location
LISTING UPDATED: 03/27/2024 03:00 AM
Property Details for 100-116 East 51st Street
Status | Active |
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MLS # | 12001277 |
Days on Market | 61 |
Taxes | $47,535 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1940 |
Lot Size | 0.44 AC / 19,200 SF |
County | Cook County |
Location
Building Information for 100-116 East 51st Street
Stories-Residences7Year Built1940Lot Size0.44 AC / 19,200 SF
Payment Calculator
$11,329 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 100-116 East 51st Street
Property History for 100-116 East 51st Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 100-116 East 51st Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Beethoven Elementary School PublicPK to 8 | ||
Phillips Academy High School Public9 to 12 | ||
Bronzeville Scholastic High School Public9 to 12 | ||
Beasley Elementary Magnet Academic Center PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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