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    2143 51St Pl Chicago, IL 60609
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    Property profile & analytics

    2143 51St Pl, Chicago, IL 60609

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    • Office Spaces
    • 4,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • NLN Depot / Freight Service
    • Hurtado’s Cartage / Trucking Company

    Property Details for 2143 51St Pl

    Year built
    2016
    Property type
    Office Spaces
    Property subtype
    Land

    Description

    This exceptional Cook County property, located at 2143 W. 51st Place in Chicago, IL 60609, presents a unique opportunity. The 4,000 square foot office building, constructed in 2016, boasts a Class B rating and features a 9-foot ceiling height. Currently, the entire 4,000 square feet is vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The property's classification as both office and land provides significant flexibility. The expansive lot size ranges from one to 4.13 acres, presenting substantial redevelopment potential. Situated near the intersection of 51st Street and Western Avenue, this location offers convenient access to major transportation routes and amenities. The property is zoned for commercial use and is ideal for businesses seeking a prominent presence in a thriving Chicago neighborhood. The existing building provides immediate income potential, while the ample land offers long-term growth opportunities. This is a rare chance to acquire a versatile property with significant upside in a highly desirable area. The property is ready for immediate occupancy or redevelopment, making it an attractive investment for both short-term and long-term strategies.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.679
    Latitude
    41.801
    More about this property
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