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Warehouse and Distribution Space
For Lease
$12 SF/Yr

4720 West Montrose Avenue, Chicago, IL 60641

Warehouse and distribution space available for lease at 4720 W Montrose Ave in Chicago.

Space Size46,500 SF
Property Size58,700 SF
Days on Market55

Property Features for 4720 West Montrose Avenue

General Information

Standard status Active
Size 46,500 SF
Class B
Property subtype Industrial - Warehouse/Distribution

Building Details

Building Size 58,700 SF
Year Built 1945

Spaces For Lease

at 4720 West Montrose Avenue Contact us

Space Available $12 – $15/SF/Yr

Size
46,500 SF
Type
Warehouse/Distribution
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Strauss Realty
Listed By: Craig Wolf · License #475163046
Source: Commercialcafe
Added: Jul 13 Changed: Aug 25 Last Checked: Sep 5 at 4:51AM

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

Investment Insights

Based on property information with market context.

This property offers warehouse and distribution center space available for lease. It is presented as an industrial warehouse/distribution offering under a commercial real estate listing.

The facility is located at 4720 West Montrose Avenue in Chicago, Illinois (60641).

Key Highlights

  • Warehouse and distribution space available for lease at 4720 W Montrose Ave in Chicago
  • Built in 1945

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Nursing Home Acupuncture Furniture & Home Goods Hotel & Motel (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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,176
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$12.87 /SF/Yr
Avg Asking Price
$5.5–$24 /SF/Yr
Price Range
72,418 SF
Avg Space Size

This space is priced 7% below the average of $12.87 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse and distribution space available for lease at 4720 W Montrose Ave in Chicago.
Where is this warehouse located?
The property is located at 4720 West Montrose Avenue Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Warehouse and distribution space available for lease at 4720 W Montrose Ave in Chicago; Built in 1945
More about this property
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