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New Construction Warehouse Space Available
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1032 West 43rd Street, Chicago, IL 60609

27,061 SF new construction with spec offices in Chicago.

Space SizeContact for details
Days on Market272

Property Features for 1032 West 43rd Street

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Chicago
Listed By: Colin Green, SIOR
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 11 Last Checked: Aug 21 at 7:32AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This property offers 27,061 square feet of new construction space located on Chicago’s South Side. The remaining space includes 2,241 square feet of brand new spec offices and a 32'0" clear ceiling. It features 7 exterior docks that are expandable, 50' x 60'8" bays, 53 car parking spots, and 4 trailer stalls. Situated in Chicago's Stockyards Industrial Park, the location provides excellent access to I-55, I-94, and Downtown Chicago, as well as access to an ample labor pool. Incentives include a secured 6b tax incentive and benefits from its location in Enterprise Zone 2, potentially offering sales tax exemption for building materials, machinery and equipment sales tax exemption, and utility tax exemption. This property is suitable for warehouse, industrial, and distribution purposes.

Key Highlights

  • 27,061 SF of new construction remaining.
  • Benefit from 32'0" clear ceiling height.
  • Secured 6b tax incentive.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Kitchen & Bath Showroom Building Supply Auto Repair Shop Garden Center Auto Parts Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby
Under-served
Demand for This Use

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

$13.23 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
68,898 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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Frequently Asked Questions

What type of property is this?
Warehouse - 27,061 SF new construction with spec offices in Chicago.
Where is this warehouse located?
The property is located at 1032 West 43rd Street Chicago, IL.
What are key features of this property?
This property features: 27,061 SF of new construction remaining.; Benefit from **32'0" clear ceiling height.**; Secured 6b tax incentive.
More about this property
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