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Industrial Land
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For Sale
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611 W 51st St, Chicago, IL 60609

The vacant parcel carries M1-1 zoning.

Property SizeContact for details
Days on Market3

Property Features for 611 W 51st St

General Information

Standard status Active
Property subtype Land
Listing Agency: Village Realty, Inc
Listed By: Nick Nastos
Source: Chicagospropertyshop
Added: Oct 7 Last Checked: Oct 7 at 10:52AM

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 Village Realty, Inc

Investment Insights

Based on property information with market context.

This vacant parcel is classified M1-1 under Chicago zoning. The sale is subject to Bankruptcy Court approval and is structured as a cash-for-deed transaction. No title or survey is provided.

Key Highlights

  • M1‑1 zoning
  • Vacant parcel
  • Sale requires Bankruptcy Court approval

Property Analytics

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Current Use

Reliable Recovery Services Road Safety Town

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

560
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The vacant parcel carries M1-1 zoning.
Where is this industrial land located?
The property is located at 611 W 51st St Chicago, IL.
What are key features of this property?
This property features: M1‑1 zoning; Vacant parcel; Sale requires Bankruptcy Court approval
More about this property
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