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$495,000

716 718 51st St

Chicago, IL
Contingent
8
Bedrooms
1895
Year Built
129
Days On Market

Buyer's loss is your opportunity - don't miss your second chance to see this Great 4-unit investment opportunity in Chicago! Each unit features 2 bedrooms and 1 bath with approximately 1,000 sq ft of living space. Three units are currently rented and one unit is vacant, offering immediate rental income with added flexibility. All four units can be rented, making this a strong option for investors looking to expand their portfolio. Each unit has been recently renovated and features hardwood floors throughout, tons of natural sunlight, an open-concept kitchen/living room area, and plenty of storage, including walk-in closets. Coin laundry is available on the premises, and the property also includes parking spaces behind the building for added tenant convenience. A great income-producing property with strong rental potential!

Listing Information

Listing Updated
09/23/2026
Listed By
Jaime Campos · RE/MAX LOYALTY, 7737726969
MLS#
12689455
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
716 718 W 51st, Chicago, IL 60609
City
Chicago
County
Cook
Zip Code
60609

Architecture

Bedrooms
8
Year Built
1895
Construction Materials
Brick
Garage Spaces
0
Parking Features
Other

Features & Amenities

Heating
Natural Gas

Property Features

Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$495,000
Annual Taxes
$9,509

Schools

99/100
Graham A Elementary School
Elementary · Grades PK–08 · 0.8 mi
City
Chicago
Students
473
Student body
47% Hispanic / Latino · 27% White · 25% Black
Free/reduced lunch
95%
Phone
(773) 535-1308
70/100
Beethoven Elementary School
Elementary · Grades PK–08 · 1 mi
City
Chicago
Students
317
Parent reviews
5.0★ avg · 2 reviews
Student body
98% Black · 2% Hispanic / Latino · 1% White
Free/reduced lunch
86%
Phone
(773) 535-1480
55/100
Sherman Elementary School
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
280
Student body
93% Black · 6% Hispanic / Latino · 0% White
Free/reduced lunch
99%
Phone
(773) 535-1757
55/100
Beasley Elementary Magnet Academic Center
Elementary · Grades PK–08 · 1 mi
City
Chicago
Students
1,017
Student body
97% Black · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
73%
Phone
(773) 535-1230
54/100
Holmes Elementary School
Elementary · Grades PK–08 · 0.7 mi
City
Chicago
Students
128
Student body
85% Black · 14% Hispanic / Latino · 1% White
Free/reduced lunch
95%
Phone
(773) 535-9025
54/100
Bronzeville Scholastic High School
High · Grades 09–12 · 1 mi
City
Chicago
Students
321
Student body
96% Black · 3% Hispanic / Latino · 1% Asian
Free/reduced lunch
95%
Phone
(773) 535-1150
53/100
Dewey Elementary Academy of Fine Arts
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
310
Student body
90% Black · 8% Hispanic / Latino · 1% White
Free/reduced lunch
96%
Phone
(773) 535-1666
53/100
KIPP Bloom Charter Elementary School
Middle · Grades 05–06 · 0.6 mi
City
Chicago
Students
165
Student body
99% Black · 1% Hispanic / Latino
Free/reduced lunch
94%
Phone
(773) 553-1530

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/26/2026Listed for sale$495,000

Listed by Jaime Campos · RE/MAX LOYALTY · 7737726969

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: September 23, 2026 at 3:33 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12689455

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