101 E 51st

For Sale

101 E 51st, Chicago, IL 60615

This Chicago property for sale is located at 101 E 51st. The general use of 101 E 51st is retail and it incorporates 7,833 square feet of class B retail space. The current listed sale price for 101 E 51st is $1,200,000. 101 E 51st is situated on a lot that is 16,257 square feet in size.

Contacts

broker

Theron May

Imperial Realty

broker

Adam Lash

Imperial Realty

Property Details

  • 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

Getting around

  • 74/100

    Walk Score ®

  • 72/100

    Transit Score ®

  • 67/100

    Bike Score ®

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Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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