This Prime Commercial Investment Opportunity In The Bronzeville/Washington Park Area Is Available And Waiting For You! Discover a well maintained 6-unit retail building located in one of Chicago's fastest growing corridors. Units range from 1,100-3,500 sq ft, offering flexible layouts ideal for a variety of commercial uses. The property features 2 occupied units...a liquor store & mart and nail salon, providing immediate rental income. The corner restaurant unit was rehabbed just 3 years ago. The restaurant, single storefront and a larger double unit are currently vacant, offering potential for owner-users or investors looking to increase cash flow. Situated in a high foot traffic area, this property benefits from strong neighborhood activity, street parking and close proximity to public transportation. Surrounded by ongoing new developments and located just minutes from the highly anticipated Obama Presidential Center, this location is poised for continued growth and long term appreciation on the South Side!

Based on information submitted to MRED as of September 22, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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More Info

Location Information

Road Frontage Description["City Street"]

Parking

Parking Spaces

Location

AreaGrand Boulevard
Building Number118
CountyCook
StateIL
StreetEast 51st Street
TownChicago
Township Hyde Park
Zip60615

Property Information

Roof StructureFlat
Construction Materials ["Brick"]
Lot Size Dimensions 11520
Lot Size Square Feet 11520
Square Feet11,000

Basic Information

Current Use ["Commercial"]
List Price$899,000
MLS Number12591282
Mls Status Active
Property TypeCommercial Sale
Sale or LeaseFor Sale Only

Property

ZoningCOMMR

Utilities

Heat VentilationForced Air
Cooling Central Air
Electric ["Circuit Breakers", "Service - 101 to 200 Amps"]

Amenities

Fire ProtectionNone

Tax Information

Tax Annual Amount $42,542
Tax Year 2024

Basic Information

Property SubTypeRetail/Stores

Building

DocksNone
Extra Storage Spaces Available Y NNo
Financial Amountsfor Total Building Rental Only Y NYes
Foundation Details Concrete Perimeter
Stories1
Units6
Year Built1898

Other

Date Listed03/13/2026
Existing Lease Type ["Gross"]
Leasable Area 3,600

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