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Industrial Building with Existing Freezer
For Lease
$8.50 SF/Yr

3949 South Keeler Avenue, Chicago, IL 60632

20,000 SF industrial space with freezer in Chicago.

Space SizeContact for details
Property Size20,000 SF
Days on Market261

Property Features for 3949 South Keeler Avenue

General Information

Standard status Active
Size 20,000 SF
Property subtype Industrial
Lease Type Direct
Listing Agency: CBRE | Chicago
Listed By: Colin Green, SIOR
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:02PM

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.

An industrial building offering approximately 20,000 square feet is available for lease within the Crawford Industrial Park. The building includes an existing freezer, along with approximately 1,200 square feet of office space. It features a clear ceiling height of 15 feet 6 inches, two interior docks, and bay sizes of 25 feet by 27 feet. The property is equipped with an 800-amp power service and provides parking space for approximately 20 cars. The existing freezer space is divided into two sections: Freezer 1, encompassing approximately 2,279 square feet, and Freezer 2, with approximately 520 square feet. The location in Chicago's Crawford Industrial Park provides access to a strong labor pool and proximity to four intermodal yards within a 5-mile radius. It is located 10 minutes from Midway Airport and just 2-3 minutes from I-55 via S Pulaski Rd.

Key Highlights

  • Existing Freezer Space: Includes ±2,279 SF & ±520 SF, ideal for cold storage needs.
  • Excellent Location in Crawford Industrial Park: Benefit from a strong labor pool and transportation.
  • Convenient Transportation Access: Located near I‑55, Midway Airport, and four intermodal yards.

Property Analytics

Current Use

Lucky Noodles Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Skin Care Clinic Law Firm Nail Salon

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
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$13.4 /SF/Yr
Avg Asking Price
$4.5–$25 /SF/Yr
Price Range
65,119 SF
Avg Space Size

This space is priced 37% below the average of $13.4 /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
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Similar Off Market Nearby

  • Sunshine Supply Company 4501 S Knox Ave, Chicago, IL 60632
  • Seafrigo 4464 W 44th St, Chicago, IL 60632
  • Nearby Storage Units - Chicago, IL 4321 s pulaski rd, chicago, il 60632
  • Crozet Self Storage Unit 4226 S Pulaski Rd, Chicago, IL 60632
  • Self Storage 4433 s pulaski rd, chicago, il 60632

Frequently Asked Questions

What type of property is this?
Warehouse - 20,000 SF industrial space with freezer in Chicago.
Where is this warehouse located?
The property is located at 3949 South Keeler Avenue Chicago, IL.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: Existing Freezer Space: Includes ±2,279 SF & ±520 SF, ideal for cold storage needs.; Excellent Location in Crawford Industrial Park: Benefit from a strong labor pool and transportation.; Convenient Transportation Access: Located near I‑55, Midway Airport, and four intermodal yards.
More about this property
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