1956 W 51ST ST
1956 W 51st St photo1956 W 51st St photo
$20,000
16% of area home value

1956 W 51st St

Chicago, IL
Cook County (Chicago)1,947 sqftStructure
Location & enrichment
Property type
Structure
Zoning
Flood zone
X
Lot size
1,947 sqft
Nearest metro
5.8 mi
Nearest airport
4.2 mi
Assessed value (county)
Area median home value
$122,200
Area pop. trend (5yr)
+8.8%
Area median rent
Owner-occupied
Rental vacancy

Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked August 19, 2026.

How to buy from the Cook County (Chicago)

The Cook County Land Bank Authority sells rehab homes and vacant lots through applications on its website, clearing back taxes and title before transfer.

Quick deal check
All-in $60,000 = 49% of ARV
Inside the 70% rule

ARV starts from the area's median home value (Census) — replace it with real comps before acting. The 70% rule: flippers target purchase + rehab ≤ 70% of ARV. Not financial advice.

Buildability report
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All 4 checks clear

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  • Flood risk
  • Wetlands
  • Terrain slope
  • Environmental

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Sources: FEMA NFHL · USFWS NWI · USGS 3DEP · Census TIGER · EPA FRS

What's it worth?

1 value signal available

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