706 E 51st St Chicago, IL 60615
Grand Boulevard NeighborhoodEstimated payment $9,075/month
About This Home
Stately 6-flat overlooking Washington Park. Six 3bd/2ba luxury apartments with tenant paid heat and central air, granite counters, stainless appliances, dishwashers, garbage disposers. On-site parking. Amazing architectural details with balconies overlooking the park. Great, stable cash producer in a high demand up and coming area. Turn-key investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,737
Year Built
- Built in 1930
Utilities
- Forced Air Heating and Cooling System
- Floor Furnace
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Lot Dimensions are 50.5x145
Listing and Financial Details
- The owner pays for trash collection, sewer, water
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $561
- Insurance Expense $5,000
- Maintenance Expense $1,000
- Other Expense $250
- Trash Expense $3,983
- Water Sewer Expense $10,290
- Operating Expense $16,851
- Gross Income $133,824
- Net Operating Income $116,973
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,409 | $83,000 | $25,627 | $57,373 |
| 2024 | $9,409 | $83,000 | $25,627 | $57,373 |
| 2023 | $9,171 | $44,449 | $25,627 | $18,822 |
| 2022 | $9,171 | $44,449 | $25,627 | $18,822 |
| 2021 | $8,965 | $44,449 | $25,627 | $18,822 |
| 2020 | $9,518 | $42,725 | $12,447 | $30,278 |
| 2019 | $9,755 | $48,552 | $12,447 | $36,105 |
| 2018 | $9,591 | $48,552 | $12,447 | $36,105 |
| 2017 | $6,479 | $30,096 | $10,250 | $19,846 |
| 2016 | $6,028 | $30,096 | $10,250 | $19,846 |
| 2015 | $5,515 | $30,096 | $10,250 | $19,846 |
| 2014 | $5,846 | $31,506 | $8,786 | $22,720 |
| 2013 | $5,730 | $31,506 | $8,786 | $22,720 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2026 08/03/26 | Price Changed | $1,400,000 | -6.7% | -- |
| 07/14/2026 07/14/26 | Price Changed | $1,500,000 | -11.5% | -- |
| 07/07/2026 07/07/26 | For Sale | $1,695,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12697385
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 710 E 51st St
- 660 E 51st St Unit 2W
- 731 E 50th St
- 735 E 50th St Unit 2
- 6318 S Langley Ave
- 611 E 50th Place
- 815 E Drexel Square Unit 1
- 5036 S Drexel Blvd Unit 3N
- 559 E 50th St
- 4931 S Champlain Ave
- 836 E 52nd St
- 5011 S Drexel Blvd
- 5424 S Ingleside Ave
- 835 E 49th St Unit 3
- 945 E Hyde Park Blvd Unit 3
- 815 E 53rd St Unit 3
- 819 E 53rd St Unit 3
- 4935 S Vincennes Ave Unit 2S
- 953 E Hyde Park Blvd Unit 3
- 951 E Hyde Park Blvd
- 4941 S Champlain Ave Unit 4F
- 4917 S Champlain Ave Unit 1
- 4936 S St Lawrence Ave
- 4938 S Drexel Blvd
- 5206 S Drexel Ave Unit Drexel Ave
- 5220 S Drexel Ave
- 5205 S Drexel Ave
- 5017 S Drexel Blvd Unit 301
- 5017 S Drexel Blvd Unit G01
- 824 E 53rd St
- 4840 S Evans Ave Unit SI ID1607867P
- 5244 S Drexel Ave Unit 1E
- 5244 S Drexel Ave Unit B
- 5135 S Ingleside Ave Unit 2
- 5145 S Ingleside Ave Unit 3
- 5121 S Ingleside Ave Unit 5211 S. Greenwood 3
- 5240 S Drexel Ave Unit 1W
- 836 E 53rd St Unit 2S
- 937 E Hyde Park Blvd Unit 3
- 838 E 53rd St Unit 2W
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