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    Chicago, IL Industrial Properties for Sale

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    West Chicago, IL Cicero, IL Oak Park, IL David City, NE Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL
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    Flex Warehouse with Office Buildout
    Updated: Jun 28
    Flex Warehouse with Office Buildout

    242 North Western Avenue, Chicago, IL 60612

    $2,199,000
    8,700 sqft
    Two‑story 8,700 SF flex building with 6,400 SF open‑span warehouse plus office/workspace areas
    Warehouse features 17‑ft ceilings and largely open span design, with two loading docks (13'6" and 10'6")
    Main floor includes a large private office, open workstations, kitchenette, multiple storage rooms, and two bathrooms
    Second floor offers polished concrete floors, open workspace, custom bar and kitchen, a full bath with shower, and a large storage room
    Utilities and power include high R‑value spray foam insulation, EV charging station, 480A 3‑phase plus additional 220A service, and full HVAC
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    This listing looks promising.

    Here's a quick look at some key insights for

    242 North Western Avenue, Chicago, IL 60612

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $187K
      Annual

    • Mortgage

      $325K
      Aug 2019

    • Property Type

      Industrial (General)
      Built 1969
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    Freestanding Flex Space
    Updated: Aug 18
    Freestanding Flex Space

    5660 N Elston Avenue, Chicago, IL 60646

    $1,635,000
    0.34 AC lot
    Approximately 2,000 SF of newly remodeled office space
    14' clear ceiling height with 30' x 30' industrial bays
    One drive‑in door and one full‑size interior dock
    400‑amp, 3‑phase power with gas unit heat in the warehouse
    New HVAC units, full LED lighting, security cameras, and sprinkler system
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    Flex Space with Operable Skylight
    Flex Space with Operable Skylight

    3146 W Chicago Avenue, Chicago, IL 60622

    $1,200,000
    0.14 AC lot

    Renovated industrial property combines clear-span space, loading access, and showroom-oriented finishes.

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    Flex Space with Loading Docks
    Flex Space with Loading Docks

    242 N Western Avenue, Chicago, IL 60612

    $2,199,000
    0.18 AC lot

    Versatile commercial building combining open warehouse capacity with finished office and workspace areas.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Flex Space with Showroom
    Renovated Flex Space with Showroom

    3146 W Chicago Avenue, Chicago, IL 60622

    $1,200,000
    6,400 sqft 0.14 AC lot

    M1-2 property combines warehouse operations, showroom presentation, office capacity, and direct loading access.

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    Brick Flex Space with Warehouses
    Brick Flex Space with Warehouses

    2722 S Hillock Avenue, Chicago, IL 60608

    $850,000
    0.16 AC lot

    Mixed-use commercial property with offices, renovated amenities, conference space, and rear warehouse access.

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    Flex Space with Loading Dock
    Flex Space with Loading Dock

    7650 S Ashland Avenue, Chicago, IL 60620

    $872,000
    0.44 AC lot

    Open commercial layout includes central air and on-site parking.

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    Corner Flex Space with Offices
    Corner Flex Space with Offices

    210 S Desplaines Street, Chicago, IL 60661

    $1,399,000
    0.09 AC lot

    One-story commercial suite offers private offices, a conference room, kitchenette, workstations, and a street entrance.

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    One-Story Office Units
    One-Story Office Units

    210 S Desplaines Street, Chicago, IL 60661

    $2,699,000
    0.18 AC lot

    Corner configuration, private work areas, meeting rooms, and garage parking support a flexible professional workspace.

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    Brick Flex Building with Overhead Door
    Brick Flex Building with Overhead Door

    4730 W Armitage Avenue, Chicago, IL 60639

    $649,900
    0.14 AC lot

    Industrial building with open work areas, private office space, and pallet-rack storage.

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    Brick Flex Building with Fenced Parking
    Brick Flex Building with Fenced Parking

    4511 W BELMONT Avenue, Chicago, IL 60641

    $850,000
    4,500 sqft 0.24 AC lot

    Brick flex property with office, shop, trailer dock, and fenced paved parking.

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    Two-Level Flex Space
    Two-Level Flex Space

    1412 W DIVISION Street, Chicago, IL 60642

    $499,000
    0.06 AC lot

    Brick-and-stone commercial condo with offices, kitchenette, storage, and reception area.

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    Flex Building with Rear Loading Dock
    Flex Building with Rear Loading Dock

    4519 W Lake Street, Chicago, IL 60624

    $799,900
    0.23 AC lot

    Updated industrial property with rehabilitated office units, enclosed parking, and central air in an established manufacturing area.

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    Candy Manufacturing Facility
    Candy Manufacturing Facility

    4933-4935 W Fullerton Ave, Chicago, IL 60639

    $1,299,000
    5,850 sqft

    Operating candy production business and manufacturing facility offered together at a Chicago commercial address.

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    Manufacturing Building with Equipment
    Manufacturing Building with Equipment

    9016 S Halsted Street, Chicago, IL 60620

    $280,000
    0.31 AC lot

    Woodworking facility with dock access, on-site parking, and included machinery and lumber inventory.

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    Flexible Office Units
    Flexible Office Units

    210 S Desplaines Street, Chicago, IL 60661

    $4,000,000
    0.28 AC lot

    One-story brick property with divisible suites, private offices, meeting rooms, workstations, and indoor garage parking.

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    One-Story Corner Commercial Space
    One-Story Corner Commercial Space

    210 S Desplaines Street #SE, Chicago, IL 60661

    $1,399,000
    4,000 sqft

    Single-story corner unit with street entrance and indoor garage parking, offered for sale or lease.

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    Two-Level Flex Space
    Two-Level Flex Space

    1412 W DIVISION Street, Chicago, IL 60642

    $499,000
    0.06 AC lot

    Commercial condo combines an open retail area with offices, storage, and service amenities.

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    Industrial Property with Multiple Buildings
    Industrial Property with Multiple Buildings

    3707 W Harrison St, Chicago, IL 60624

    $900,000
    16,000 sqft 1.04 AC lot

    Three connected structures offer vacant industrial space with garage access and substantial paved-lot frontage.

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    Mixed-Use Property with Commercial Garage
    Mixed-Use Property with Commercial Garage

    5620 N Western Avenue, Chicago, IL 60659

    $1,099,000
    0.22 AC lot

    Brick mixed-use improvements include apartments, offices, retail space, and a separate commercial garage.

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    Industrial/Manufacturing Building with Overhead Door Access
    Industrial/Manufacturing Building with Overhead Door Access

    4730 W Armitage Avenue, Chicago, IL 60639

    $649,900
    5,625 sqft

    5,625 SF industrial/manufacturing building with overhead door access, private office, and pallet-racked storage across from Home Depot.

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    Corner-Lot Flex Space
    Corner-Lot Flex Space

    14150 S Indiana Avenue, Riverdale, IL 60827

    $290,000
    0.15 AC lot

    The property includes automotive service improvements, parking, and access through multiple overhead doors.

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    Industrial Warehouse with Drive-In Door
    Industrial Warehouse with Drive-In Door

    2419 S. Michigan Ave., Chicago, IL 60616

    $1,750,000
    10,774 sqft 0.47 AC lot

    Stand-alone industrial warehouse with 18' clear height, clear-span interior, and a 64' frontage on Michigan Avenue.

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    Flex Space with Attached Garage
    Flex Space with Attached Garage

    10050 S Ewing Avenue, Chicago, IL 60617

    $200,000
    0.07 AC lot

    Single-story commercial property combines storefront, workshop, storage, and lower-level access for operational flexibility.

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    Chicago, IL Industrial Properties Market Trends and Statistics

    Explore 185 industrial properties for sale in Chicago, IL, showcased through 185 active listings on our real estate platform. These investment opportunities span a total of 4,750,433 square feet of properties for sale, with an estimated market value of $120,310,599.

    Sale prices for industrial buildings in Chicago, IL start at $189,000, averaging $1,604,141, and reaching up to $5,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 294
    Manufacturing properties 84
    Distribution centers 43
    Truck terminals 19
    Breweries 5

    Demographics Overview

    Population 2.91M
    Population Growth (5Y) +0.6%
    Median Household Income $76,477
    College Educated 44.3%

    High-Yield Neighborhoods for Investment

    Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60617 $200K
    60644 $212.5K
    60621 $650K
    60639 $772.1K
    60608 $783.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Chicago fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Chicago, IL

    • 60612
    • 60639
    • 60609
    • 60618
    • 60641
    • 60651
    • 60622
    • 60624
    • 60661
    • 60642
    • 60620

    Featured Chicago Real Estate Agencies

    Realmo connects you with licensed Chicago CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Chicago Real Estate Resources
    932 W. Grace Street Chicago, IL 60613
    Phone: 17733279300
    www.crer.com
    Dream Town Realty
    1950 North Sedgwick Chicago, IL 60614
    Phone: 13122658000
    www.dreamtown.com
    Chicago Realty Partners
    345 N. Canal Street, Suite 805 Chicago, IL 60606
    Phone: 13125750100
    www.foreclosureillinois.com

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