For Sale

101 E 51st

101 E 51st, Chicago, IL 60615

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

Contacts

broker
Theron May

Imperial Realty

broker
Adam Lash

Imperial Realty

Building Details

  • 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 Jan 23, 2025

Attachments

Getting Around

  • Walk Score ®

    Very Walkable (74)

  • Transit Score ®

    Excellent Transit (72)

  • Bike Score ®

    Bikeable (67)
Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Washington Park
  • Zip Code 60615

Points of Interest

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

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

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

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

101 E 51st Listing Summary

  • What is the asking price at 101 E 51st?

    101 E 51st is currently listed for sale at $1,200,000.

  • What is the total size of 101 E 51st?

    101 E 51st has a total of 7,833 square feet.

  • What is the year built for 101 E 51st?

    The year built for 101 E 51st is 2005.

Contact 101 E 51st
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.