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
  • # 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
  • Website www.adamlashcre

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

(773) 736-6461

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

  • 51st

    0.20 miles

  • Garfield

    0.51 miles

  • 47th

    0.56 miles

  • Garfield

    0.66 miles

  • 47th

    0.75 miles

  • 43rd

    1.06 miles

  • Indiana

    1.39 miles

  • 63rd

    1.51 miles

  • King Drive

    1.51 miles

  • Cottage Grove

    1.70 miles

  • GoLo

    0.05 miles

  • Super Save

    0.47 miles

  • BP

    0.51 miles

  • Amstar

    0.55 miles

  • Shell

    0.69 miles

  • Mobil

    0.74 miles

  • Citgo

    0.74 miles

  • BP

    1.03 miles

  • Citgo

    1.10 miles

  • BP

    1.14 miles

  • Garfield Park & Ride

    0.46 miles

  • Medical Campus Parking Garage B

    1.10 miles

  • Campus North Parking Garage

    1.23 miles

  • Medical Campus Parking Garage A

    1.23 miles

  • Parkiing / Mat Mgmt

    1.28 miles

  • Campus South Parking

    1.49 miles

  • Lexington Parking Lot

    1.57 miles

  • Lot L

    1.72 miles

  • Lot F

    1.83 miles

  • Tailgate Lot

    1.93 miles

  • Skidoe's Café & Grill

    0.14 miles

  • Friistyle

    0.17 miles

  • The Hot Dog Box

    0.21 miles

  • McDonald's

    0.46 miles

  • Dunkin'

    0.51 miles

  • Harold's Chicken Shack

    0.52 miles

  • Dragon Express

    0.53 miles

  • Burger King

    0.55 miles

  • Pizza Hut Delivery

    0.59 miles

  • Checkers

    0.62 miles

  • Walmart Neighborhood Market

    0.94 miles

  • WIC Grocery

    1.10 miles

  • Fairplay Foods

    1.42 miles

  • Jewel-Osco

    1.43 miles

  • Save-A-Lot

    1.48 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

Frequently Asked Questions

What is the lease rate for 101 E 51st?

Rental asking rate at 101 E 51st is $600,000.00/YR.

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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact 101 E 51st