Washington Park Retail / Restaurant Spaces For Lease in Corner Strip Center at 51st & Michigan

Price:   CLOSED: Leased 9/15/2021
Listing Type:   Landlord Rep
Property Type:   Retail / Restaurant
Lease Type:   Modified Gross
Zoning:   B3-3
Parking Space:   Shared lot
Alderman:   Dowell
Unit:   113
Lease Rate:   $1,700 / Month
Size:   850 Sq Ft

Highlights:

– 850 Sq Ft retail space available in newer construction strip center at corner of 51st Street & Michigan Avenue

– High-visibility location with 12,798 vehicles per day

• 105 E 51st Street = LEASED 11/3/2020 to One Financial
• 109 E 51st Street = LEASED 11/1/2019 to Load a Spud Potato Bar
• 111 E 51st Street = LEASED 10/10/18 to Jamaican Gates Restaurant
• 113 E 51st Street = LEASED 9/15/2021 to Truffle Grill
• 115 E 51st Street = LEASED 5/17/2021 to The Plugg Closet

– Ample parking available in a shared lot

– Pylon signage available

– Strip center co-tenants include Shark’s Fish & Chicken, Little Wok Chinese & Thai Cuisine, Jamaican Gates Restaurant, Boost Mobile, & Load A Spud Potato Bar

– Tenant pays utilities and is responsible for reimbursing Landlord for their share of common expenses (water and trash = approx $70-80/month)

– Easily accessible to public transportation, located on #51 CTA 51st Street bus route, 0.2 miles to 51st Street Green Line Station, and 0.2 miles to #29 CTA State Street bus route

BROCHURE

FLOOR PLAN – 115 E 51st ST

SITE PLAN

DEMOGRAPHICS

TRAFFIC COUNT

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