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Renovated Freestanding Chicago Warehouse
For Lease
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2407 North Elston Avenue, Chicago, IL 60647

52,263 SF renovated warehouse on Chicago's North Side.

Space SizeContact for details
Property Size52,263 SF
Days on Market261

Property Features for 2407 North Elston Avenue

General Information

Standard status Active
Size 52,263 SF
Property subtype Industrial
Listing Agency: CBRE | Chicago
Listed By: John Marks
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Aug 9 at 3:10PM

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 is a 52,263 square foot free-standing building situated on approximately 3.03 acres. The building is undergoing a complete renovation. It features a 20-foot clear ceiling, four interior docks, and four drive-in doors. Parking is available with 46 car parking spots, expandable for additional vehicles. The building is equipped with a 1600-amp power service. The property is located on Chicago's North Side and is surrounded by amenities. It offers convenient access to expressways and public transportation options.

Key Highlights

  • Complete renovation of a 52,263 SF free‑standing building.
  • Excellent location on Chicago's North Side with easy access to expressways and public transportation.
  • Features 4 interior docks and 4 drive‑in doors.

Property Analytics

Current Use

Mello's Peanut Company ... Industrial Manufacturer Alla Vodka Shop Restaurant Nathan's Famous Restaurant Chicago Christmas Tree ... Christmas Tree Farm

Suggested Use

Top Pick Accounting Firm HVAC Service Garden Center Nursing Home Butcher Carpet & Flooring 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

2,327
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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

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

  • Public Storage 1916 N Elston Ave, Chicago, IL 60642
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  • BinSwap 1765 N Elston Ave Ste 226, Chicago, IL 60642
  • Self Storage 1 2001 N Elston Ave, Chicago, IL 60614

Frequently Asked Questions

What type of property is this?
Warehouse - 52,263 SF renovated warehouse on Chicago's North Side.
Where is this warehouse located?
The property is located at 2407 North Elston Avenue Chicago, IL.
What are key features of this property?
This property features: Complete renovation of a 52,263 SF free‑standing building.; Excellent location on Chicago's North Side with easy access to expressways and public transportation.; Features 4 interior docks and 4 drive‑in doors.
More about this property
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