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Chicago Industrial/Flex Space For Rent
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5245 W Diversey Avenue, Chicago, IL 60639

COMMERCIAL - Chicago, IL

Property Size6,250 SF
Lot Size0.14 Acres
Days on Market393

Property Features for 5245 W Diversey Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning COMMR
Directions West on Diversey from Cicero Ave to property
Subdivision CHI - Belmont Cragin
Standard status Active
Lot size 0.14 Acres

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Building Details

Year built 1955
Floors in Building 1
Building materials Brick
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Jason Hiller · License #475158547
Added: Jul 3, 2025 Changed: Jun 22 Last Checked: Jul 30 at 4:06PM
MLS# 12410361

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6,250 SF industrial/flex space is available for rent in Chicago. Constructed in 1955, the building offers flexible divisibility to suit various business requirements. The property features 16' bow truss ceilings in excellent condition, creating a spacious and open operational environment. Located in Chicago, the property is situated on a 0.14-acre lot. The zoning is COMMR. The property includes access to a fully equipped woodshop, with woodshop equipment, tools, and supplies available for purchase.

Key Highlights

  • 6,250 SF versatile industrial/flex space adaptable to various business needs.
  • Divisible space offering flexible configuration options.
  • 16' bow truss ceilings in excellent condition creating an expansive environment.**

Property Analytics

Current Use

Means of Production (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Acupuncture Garden Center Catering Service Skin Care Clinic Nursing Home

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

16 ft
Clear height
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,071
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$70.18 /SF/Yr
Avg Asking Price
$4.5–$141 /SF/Yr
Price Range
4,230 SF
Avg Space Size

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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Similar Off Market Nearby

  • Alltimate Catering — 3051 N Cicero Ave, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Flex space - Versatile 6,250 SF industrial/flex space in Chicago for rent.
Where is this flex space located?
The property is located at 5245 W Diversey Avenue Chicago, IL.
What are key features of this property?
This property features: 6,250 SF versatile industrial/flex space adaptable to various business needs.; Divisible space offering flexible configuration options.; 16' bow truss ceilings in excellent condition creating an expansive environment.**
More about this property
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