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16-Acre BTS Site, Chicago
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650 W 51st St, Chicago, IL 60609

16-acre site suitable for logistics in Chicago Stockyards submarket.

Space Size338,850 SF
Lot Size16.00 Acres
Days on Market143

Property Features for 650 W 51st St

General Information

Standard status Active
Size 338,850 SF
Lot size 16.00 Acres
Property subtype Industrial

Building Details

Building Size 338,850 SF

Spaces For Lease

at 650 W 51st St Contact us

650 W 51st Street - Chicago, IL

Size
338,850 SF
Type
Warehouse/Distribution
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: NAI Hiffman
Listed By: David Haigh, CCIM
Source: Naiglobal
Added: Apr 1 Changed: Aug 19 Last Checked: Aug 20 at 4:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Hiffman

Investment Insights

Based on property information with market context.

Located at 650 W. 51st Street in Chicago’s Stockyards submarket, this is a 16-acre build-to-suit site. The site's flexible layout can accommodate a single building of up to 338,000 square feet, and it also allows for smaller format options. The property is near the Norfolk Southern 47th Street Intermodal and provides immediate access to I-90, making it suitable for logistics operations.

Key Highlights

  • Up to 338,000 SF build‑to‑suit (BTS) site.
  • Immediate access to I‑90.
  • Located in Chicago’s Stockyards submarket.

Property Analytics

Current Use

Pepsi Beverages Company Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Building Supply Auto Repair Shop Auto Parts Store Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,611
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 16-acre site suitable for logistics in Chicago Stockyards submarket.
Where is this industrial land located?
The property is located at 650 W 51st St Chicago, IL.
What are key features of this property?
This property features: Up to 338,000 SF build‑to‑suit (BTS) site.; Immediate access to I‑90.; Located in Chicago’s Stockyards submarket.
More about this property
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