Search
Industrial Service Facility with Yard
For Lease
Contact for pricing

2424 South Wabash Avenue, Chicago, IL 60616

Industrial service facility with paved and secured yard near McCormick.

Property Size27,000 SF
Days on Market185

Property Features for 2424 South Wabash Avenue

General Information

Standard status Active
Size 27,000 SF
Property subtype Industrial
Listing Agency: DarwinPW Realty/CORFAC International
Listed By: Terry Lynch, SIOR
Source: Corfac
Added: Jan 26 Changed: Jul 6 Last Checked: Jul 30 at 5:11AM

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 DarwinPW Realty/CORFAC International

Investment Insights

Based on property information with market context.

This industrial service facility features a paved and secured yard. The property is located two blocks from McCormick Place and offers immediate access to I-55, with frontage on I-55. It is situated two miles south of Chicago's Central Business District and two blocks west of the McCormick Place Convention Center. The facility includes two drive-in doors and one interior dock. The zoning is DS-3. The property size is 27000 square feet.

Key Highlights

  • Immediate access to I‑55
  • Paved/secured yard
  • Two blocks from McCormick Place

Property Analytics

Current Use

Herc Rentals (Bike/Boat/Book/etc) Store Aaron Group Professional Services

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Law Firm HVAC Service 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

Location Intelligence

Trade Area within ½ mile

3,126
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$51.33 /SF/Yr
Avg Asking Price
$4.5–$141 /SF/Yr
Price Range
14,668 SF
Avg Space Size

Properties on Market for Industrial properties in Chicago

Jan
Feb
Mar
Apr
May
Jun

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial property - Industrial service facility with paved and secured yard near McCormick.
Where is this industrial property located?
The property is located at 2424 South Wabash Avenue Chicago, IL.
What are key features of this property?
This property features: Immediate access to I‑55; Paved/secured yard; Two blocks from McCormick Place
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message