101 E 51st

101 E 51st, Chicago, IL 60615

  • For Sale $1,200,000
  • Property Type Retail
  • Property Size 7,833 SF
  • Lot Size 16,257 SF
  • Cap Rate % 10
  • Zoning B3-3
  • Additional Rent Contact for pricing
  • # of Floors 1
  • Parking Spaces Avail. 9
  • Parking Ratio 1.15 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2005
  • Date Updated Apr 23, 2024

Washington Park—7 Stores (4 Restaurants, 3 stores)

High quality Washington Park Retail Center with 4 restaurants &

3 stores. Two blocks from the 51st Street CTA Green Line Station

at the intersection of 51st & S Michigan. Excellent visibility corner

lot with popular restaurants and good traffic. 9 parking spaces

with room for more. 16,257 square foot lot zoned B3-3, approximately

7,833 square foot building, built in 2005. Annual PGI

of $182,507 & value-add potential.

$2.3 Billion Annual Consumer Spending

Ideal post-covid restaurant layouts, primarily take-out with limited

dine-in & large kitchens with hoods. Single story building,

amply plumbed for additional light food service &/or easily install

hoods. 3-mile radius population of 281,310. Average household

income of $60,288 & annual consumer spending of $2.3 Billion.

Average retail rent is $20.64NNN with a vacancy rate of 4.9%.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker

Theron May

Imperial Realty

broker

Adam Lash

Imperial Realty

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable

  • Transit Score ®

    72/100 Excellent Transit

  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Washington Park
  • Zip Code 60615

Points of Interest

  • Garfield

    0.51 miles

  • 51st-53rd Street (Hyde Park)

    1.82 miles

  • 55th-56th-57th Street

    1.89 miles

  • Halsted

    1.94 miles

  • 35th-Bronzeville-IIT

    2.11 miles

  • 35th-Bronzewille-IIT (34th Street Entrance)

    2.17 miles

  • 63rd Street

    2.24 miles

  • Stony Island

    3.04 miles

  • Western

    3.20 miles

  • UIC-Halsted (Halsted Street)

    5.27 miles

  • GoLo

    0.05 miles

  • Super Save

    0.47 miles

  • BP

    0.51 miles

  • Amstar

    0.56 miles

  • Shell

    0.69 miles

  • Citgo

    0.74 miles

  • The Roux

    1.05 miles

  • ChargePoint

    1.26 miles

  • eVgo

    4.51 miles

  • Blink

    4.52 miles

  • Garfield Park & Ride

    0.46 miles

  • Medical Campus Parking Garage B

    1.11 miles

  • Medical Campus Parking Garage A

    1.23 miles

  • Campus North Parking Garage

    1.23 miles

  • Parking/Materials Management

    1.28 miles

  • Vue53 garage

    1.48 miles

  • Campus South Parking

    1.48 miles

  • Lexington Parking Lot

    1.57 miles

  • Lot L

    1.72 miles

  • Lot F

    1.83 miles

  • Skidoe's Café & Grill

    0.14 miles

  • Friistyle

    0.17 miles

  • Louisiana Famous Fried Chicken

    0.19 miles

  • The Hot Dog Box

    0.21 miles

  • McDonald's

    0.46 miles

  • Dunkin'

    0.51 miles

  • Tony's Carryout

    0.52 miles

  • Harold's Chicken Shack

    0.52 miles

  • Dirty Tiff's Cafe

    0.53 miles

  • Burger King

    0.55 miles

  • Adom African Market

    0.54 miles

  • Valley of Jordan

    1.13 miles

  • Fairplay Foods

    1.42 miles

  • Jewel-Osco

    1.43 miles

  • Target

    1.50 miles

  • Ross

    1.51 miles

  • Woodlawn Fresh Market

    1.59 miles

  • Mariano's Fresh Market

    1.61 miles

  • One Stop Foods

    1.61 miles

  • City Sports

    1.73 miles

Frequently Asked Questions

How much does 101 E 51st cost?

The space currently listed for sale at 101 E 51st asks for $1,200,000.

What is the total square footage of 101 E 51st?

101 E 51st totals 7,833 square feet.

When was this property built?

101 E 51st was built in 2005.

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