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Open-Layout Flex Space
New
For Lease
$19 SF/Yr

850 W 51st St, Chicago, IL 60609

An open interior, two restrooms, and a kitchen prep area support a range of commercial configurations.

Space Size1,875 SF
Days on Market5

Property Features for 850 W 51st St

General Information

Standard status Active
Size 1,875 SF
Net Rentable 1,875 SF
Zoning C1-C2

Space & Availability

Available Space 1,875 SF
Contiguous Space 1,875 SF
Space Use Flex

Site & Location

Neighborhood Back of the Yards

Amenities

two restrooms
existing kitchen prep area
glass block windows
secure electric roll-down door
rear access
additional outdoor space

Building Details

Year Built 1950
Listing Agency: Baird & Warner
Listed By: Paula Clayton
Source: Grandviewrealtyservices
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 5 at 3:17PM

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 Baird & Warner

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Investment Insights

Based on property information with market context.

This 1,875-square-foot commercial space in Chicago’s Back of the Yards neighborhood has an open plan and exposed ceilings. The building dates to 1950 and was previously used as a place of worship. Interior features include two restrooms, a kitchen prep area, and glass block windows that admit natural light while maintaining privacy. A secure electric roll-down door provides another functional feature.

Rear access, outdoor space, and parking options at the back complement available street parking. Zoning information in the property record is inconsistent, so no zoning designation or permitted-use claim is included.

Key Highlights

  • 1,875 SF commercial space in Back of the Yards
  • Open floor plan with exposed ceilings
  • Two restrooms and an existing kitchen prep area

Property Analytics

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Open Analytics

Current Use

Greater Deliverance Church Church

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Chicago, IL

$18.71 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,619 SF
Avg Space Size

This space is priced 2% above the average of $18.71 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Similar Off Market Nearby

  • Sukhman Rosa — Chicago, IL 60609

Frequently Asked Questions

What type of property is this?
Flex space - An open interior, two restrooms, and a kitchen prep area support a range of commercial configurations.
Where is this flex space located?
The property is located at 850 W 51st St Chicago, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 1,875 SF commercial space in Back of the Yards; Open floor plan with exposed ceilings; Two restrooms and an existing kitchen prep area
More about this property
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