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100-116 E 51st Street, Chicago, IL 60615
100-116 E 51st Street, Chicago, IL 60615
  • $1,350,000

Overview

Property ID: 12162362
  • Commercial Sale
  • Property Type
  • 1940
  • Year Built

Description

BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site with a 17 car parking lot! The ground floor is leased to long term tenants 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. Transit Oriented Development site, potential TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.

  • Address 100-116 E 51st Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60615
  • Area CHI - Grand Boulevard

Details

Updated on September 19, 2024 at 5:06 am
  • Property ID: 12162362
  • Price: $1,350,000
  • Garage Size: x x
  • Year Built: 1940
  • Property Type: Commercial Sale
  • Property Status: Active

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