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Flex Space with Event Venue
New
For Lease
$18 SF/Yr

10125-10127 Mandel Street, Plainfield, IL 60585

Contiguous industrial units combine finished event space, a recording studio, performance areas, and a fenced outdoor yard.

Space SizeContact for details
Property Size9,623 SF
Days on Market4

Property Features for 10125-10127 Mandel Street

General Information

Standard status Active
Size 9,623 SF
Property subtype Industrial
Lease Type SF/yr
Lease Term NNN

Building Details

Building Size 9,623 SF
Listing Agency:
Listed By: Karen Kulczycki, CCIM, SIOR · License #IL #471020279
Source: Svnchicago
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 5 at 5:26AM

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 Karen Kulczycki, CCIM, SIOR

Investment Insights

Based on property information with market context.

This flex-space property consists of two contiguous industrial condominium units totaling approximately 4,000 SF, with a loft and a fenced 0.10-acre yard. The improvements are configured for event use and include a full kitchen, heavy power, a recording studio, indoor and outdoor performance stages, a private lounge, and two green rooms measuring 12' x 14' each. The interior is fully air-conditioned and finished with high-end materials, while an outside deck extends the usable event area.

Located at 10125-10127 Mandel Street in Plainfield, Illinois, the property is within Arrowhead Industrial Park and unincorporated Will County. Well and septic service the site, and the property is subject to a condominium association. The offering includes the physical space and an operating event venue business associated with corporate and private events.

Key Highlights

  • Two contiguous flex condominium units totaling approximately 4,000 SF
  • Fenced 0.10‑acre yard with outside deck
  • Event configuration includes indoor and outdoor performance stages

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Real Estate Agency Big Box & Wholesale Store Hair Salon Spa & Massage Center Dental Office

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60585, IL

24,920
Population
7,723
Households
3.2
Avg Household Size
36
Median Age
61%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
1,672
Density / Sq Mi
$151,202
Median Household Income
$67,211
Median Earnings
$2,326
Median Rent
$416,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Contiguous industrial units combine finished event space, a recording studio, performance areas, and a fenced outdoor yard.
Where is this flex space located?
The property is located at 10125-10127 Mandel Street Plainfield, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Two contiguous flex condominium units totaling approximately 4,000 SF; Fenced 0.10‑acre yard with outside deck; Event configuration includes indoor and outdoor performance stages
More about this property
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