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    650 W 51St St Chicago, IL 60615

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    For Sale
    Contact for pricing

    Former bottling production/warehouse facility in South Chicago submarket.

    Property size:
    257,428 SF
    Lot size:
    9.72 Acres

    Property Features for 650 W 51St St

    General Information

    Size
    257,428 SF
    Lot size
    9.72 Acres
    Source: Moodyscre

    Listing Agent: Adam Ratajski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Warehouse and Production Facility

    This former bottling production and warehouse facility is located in the South Chicago submarket. The property is fully fenced and gated, comprising a main building and two out parcels. It includes 9,300 square feet of office space and a 2,000-square-foot cafeteria. The property's total size is 257,428 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pepsi Beverages Company Beverage Distributor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6092429
    Latitude
    41.8025077

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    FAQs

    What type of property is this?
    Warehouse - Former bottling production/warehouse facility in South Chicago submarket.
    Where is this warehouse located?
    The property is located at 650 W 51St St Chicago, IL.
    What are key features of this property?
    This property features: - Former Bottling Production/Warehouse facility; - Fully fenced and gated; - Located in the South Chicago Submarket
    (312) 376-4100
    Request Owner's contact information
    650 W 51St St Chicago, IL 60615
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    Chicago, IL 60615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    650 W 51St St Chicago, IL 60615
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