Property Overview

Interra Realty, LLC has been exclusively engaged to market for sale 227-239 E. 51st St, an 18-unit mixed-use apartment building located in the historic Bronzeville neighborhood of Chicago. Consisting of 12 apartments and 6 commercial spaces, the property has an excellent unit mix with 100% in-place occupancy. The property is proximate to the 51st St. Green Line Train Station and is centrally located along one of the neighborhood's main thoroughfares.

The apartment units consist of twelve (12) spacious 3 BD/ 1 BA apartments. All apartments have been renovated and include exposed brick, modern aesthetic as well as in-unit hot water tanks and forced air furnaces (tenant paid heat). The six (6) ground-level retail spaces are 100% occupied.

At the list price of $2,500,000, this presents an opportunity to acquire a sizable and stabilized asset in an appreciating neighborhood.


  • Eighteen (18) Unit Mixed Use Property Located at 51st St. and S. Prairie Ave.
  • Gut Renovated Building With Newer Building Systems and RehabbedApartments
  • 12 Large Three Bedroom Apartments – Average Rent of $1,400 / month
  • 6 Ground Floor Retail – Fully Built Out and Historically 100% Occupied
  • Perfectly Located in Bronzeville, near Washington Park and Hyde Park

Key Details

Transaction Date
Number of Units
Eighteen (18)