100-116 East 51st Street, Chicago, IL

$1,350,000

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About 100-116 East 51st Street

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.

Features of 100-116 East 51st Street

MLS® # 12009195
Price $1,350,000
Bathrooms 0.00
Acres 0.00
Year Built 1940
Type Commercial Sale
Sub-Type Instut/To Develop
Status Active

Community Information

Address 100-116 East 51st Street
Area CHI - Grand Boulevard
City Chicago
County Cook
State IL
Zip Code 60615

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick,EIFS (e.g. Dryvit).

Additional Information

Days on Market 40
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGreat Lakes Realty Central Inc

Listing Map

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