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$ 580,000
Est. payment | /mo
4,368 SqFt
$ 580,000
Est. payment | /mo
4,368 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,368 sqft
Price per Sqft $132
MLS Listing ID 12740487
Year Built 1965
Annual Tax Amount $6,027
Tax Year 2024
Lot Dimensions 33 X 126
Property Sub-Type Mixed Use
Property Description
Outstanding mixed-use investment opportunity in Chicago's vibrant Gage Park neighborhood! Located along the busy 51st Street commercial corridor, this versatile property features a high-visibility ground-floor commercial space paired with two residential units above. Benefiting from flexible B3-1 Community Shopping District zoning, the main-level commercial footprint is ideally suited for a storefront retail business, professional office, neighborhood service shop, or medical space. The upper-level apartment units deliver steady supplemental rental income, making this an ideal asset for an owner-operator seeking to run a business on-site or a value-add investor looking for consistent cash flow. Conveniently positioned near Kedzie Avenue, public transit options, and local neighborhood anchor businesses, this high-exposure asset presents excellent long-term upside in an established Chicago corridor.
Location
State IL
County Cook
Area Chi - Gage Park
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alexander Partida of Realty of America, LLC
Learn More About LPT Realty
Tim Zielonka
Managing Broker / Realtor License ID: 471.004901
+1(773) 789-7349 | realty@agenttimz.com