511 W 45th Street, Chicago, IL

$450,000

Overview

  • 346910
  • Property ID
  • Updated On:
  • April 21, 2026
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 820 ft2
  • Property Size

Description

Positioned in a highly strategic pocket of the city, 511 W 45th St presents a compelling opportunity for investors and builders looking to capitalize on both location and scale. This property sits on a generously sized lot, offering the kind of flexibility that is increasingly rare-ideal for redevelopment, expansion, or a thoughtfully designed new construction project. What truly sets this site apart is its exceptional accessibility. With seamless connectivity to major thoroughfares, public transit, and key urban hubs, future residents or tenants will benefit from effortless commuting and proximity to employment centers, dining, retail, and entertainment. This level of convenience consistently drives demand and long-term value. The surrounding area continues to experience steady growth and reinvestment, signaling strong upside potential. Whether you envision a modern single-family development, multi-unit build, or a high-yield investment property, the fundamentals here align: location, lot size, and accessibility. Opportunities like this-where land, location, and future potential intersect-are increasingly scarce. 511 W 45th St stands as a prime canvas for a forward-thinking investor ready to unlock its full value.

Bathrooms
1
2
Climate Control
Heating
Floor Area
500-1,000 sqft
Other Features
Lake Michigan
Natural Gas
None
Public Sewer
Vinyl Siding

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$2,307.24
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,744.74

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Information for the property at 511 W 45th Street, Chicago, IL, 60609 (Property ID: 346910) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi