5950 West 51st Street

Off Market

5950 West 51st Street, Chicago, IL 60638

  • Industrial
  • Warehouse/Distribution
  • 179,312 Sqft

5950 West 51st Street, Chicago, IL 60638 - Industrial Space

5950 West 51st Street is located at 5950 West 51st Street in the Garfield Ridge neighborhood, IL, Chicago, 60638. The Class B Industrial building was completed in 1955 and features a total of 179,312 Sqft.

There are 6 industrial spaces for lease in the Garfield Ridge neighborhood, totaling 611,172 Sqft of available industrial space. The industrial space availability for the 60638 zip code is 1,481,045 Sqft, in 13 industrial spaces. The average asking industrial rent per sq. ft. in Garfield Ridge is $11.75/sqft/year. For Class B industrial buildings the average industrial rate is $7.5/sqft/year.

In Garfield Ridge, there are 14 class B industrial buildings. In 1955, the same year 5950 West 51st Street was built, 24 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 2,891,234 square feet of commercial space. At zip code level, there are 118 commercial properties, of which 116 are industrial buildings over 50,000 square feet.

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Details

  • City Chicago
  • Neighborhood Garfield Ridge
  • Zip Code 60638
  • Market Chicago
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 179,312 Sqft
  • Lot Size 7.16 Acre
  • Parking Spaces Avail. 161
  • Parking Ratio 0.90/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1955
  • Date Updated 07 Apr, 2020

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

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 5950 West 51st Street?

5950 West 51st Street totals 179,312 square feet.

When was this property built?

5950 West 51st Street was built in 1955.

Garfield Ridge Demographics

The average household income in zip code 60638 is $83,808, from a total of 20,245 households. In terms of employment, there are 72.64 % white-collar and 27.36 % blue-collar jobs in zip code 60638.

Population

  • Total Population58,669
  • Male Population(49.8 %) 29,226
  • Female Population(50.2 %) 29,443
  • Median Age37.80

Income/Financial

  • Average Household Income$83,808
  • Median Household Income$68,089
  • Median Income Under 25$66,181
  • Median Income 25-44$78,000
  • Median Income 45-64$78,502
  • Median Income Over 65$43,219