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Industrial Property Near Intermodal Hubs
For Lease
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1021 W 48th St, Chicago, IL 60609

Industrial space available for lease near Midway Airport and multiple intermodal facilities.

Space Size34,626 SF
Days on Market11

Property Features for 1021 W 48th St

General Information

Standard status Active
Size 34,626 SF
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 1021 W 48th St Contact us

1017 W 48th St $7.25/SF/Yr

Floor
1
Size
34,626 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Midway Airport - BNSF Corwith Intermodal - CSX Intermodal 59th St Stockyard
Contact us
Listing Agency: Strauss Realty, Ltd.
Listed By: Adam Schneiderman · License #475149601
Source: Moodyscre
Added: Aug 24 Changed: Aug 30 Last Checked: Sep 1 at 11:43PM

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 Strauss Realty, Ltd.

Investment Insights

Based on property information with market context.

This industrial property offers 34,626 square feet at 1021 W 48th St in Chicago, Illinois. The space is offered for lease and is classified as an industrial property.

The property is situated near Midway Airport, BNSF Corwith Intermodal, and CSX Intermodal 59th St Stockyard, providing proximity to established air and rail transportation facilities.

Key Highlights

  • 34,626‑square‑foot industrial property
  • Available for lease
  • Located at 1021 W 48th St, Chicago, IL 60609

Property Analytics

Current Use

Charles Fill Architect ... Architect

Suggested Use

Top Pick Auto Repair Shop HVAC Service Kitchen & Bath Showroom Auto Parts Store Building Supply Garden Center

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
$1.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,887
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$15.85 /SF/Yr
Avg Asking Price
$5.95–$32 /SF/Yr
Price Range
57,222 SF
Avg Space Size

This space is priced 54% below the average of $15.85 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial space available for lease near Midway Airport and multiple intermodal facilities.
Where is this industrial property located?
The property is located at 1021 W 48th St Chicago, IL.
What is the lease rate?
The lease rate is $7.25 SF/Yr.
What are key features of this property?
This property features: 34,626‑square‑foot industrial property; Available for lease; Located at 1021 W 48th St, Chicago, IL 60609
(847) 826-4467 Call to check price and availability
More about this property
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