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Warehouse with Multiple Crane Options
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5241-5323 S Western Ave, Chicago, IL 60609

Large warehouse facility offers available suites ranging from 9,960 to 96,070 SF, plus significant mezzanine space.

Space Size9,960 SF
Days on Market497

Property Features for 5241-5323 S Western Ave

General Information

Standard status Active
Size 9,960 SF
Property subtype INDUSTRIAL
Zoning M-2

Spaces For Lease

at 5241-5323 S Western Ave Contact us

5241 - 5323 S Western Ave

Floor
1
Size
9,960 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
-Building Size: 249,000 SF -Available Sizes: - Suite 110 (30,000 SF) - Suite 130...
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Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Alex Sutterer · License #475166355
Source: Moodyscre
Added: Apr 1, 2025 Changed: Aug 8 Last Checked: Aug 9 at 12:44PM

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 NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This warehouse facility includes multiple available suites, including Suite 110 (30,000 SF), Suite 130 (49,843 SF), Suite 140 (96,070 SF, divisible to 72,581 SF and 23,489 SF), and Suite 160 (9,960 SF). The property also features a 59,000 SF mezzanine space that is not included in building square footage.

Material handling is supported by (4) 10-ton cranes, (2) 5-ton cranes, and 27-foot under-the-hook clearance.

The property is zoned M-2 and includes income in place, with financial details available upon inquiry. 2023 real estate taxes were $308,042.

Key Highlights

  • 249,000 SF warehouse building with available suites from 9,960 to 96,070 SF
  • Suite 140 offers 96,070 SF and can be divided into 72,581 SF and 23,489 SF
  • Additional 59,000 SF mezzanine space (not included in building SF)

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Garden Center Catering Service (Bike/Boat/Book/etc) Store HVAC Service Home Appliance 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

2,509
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

$13.4 /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
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Frequently Asked Questions

What type of property is this?
Warehouse - Large warehouse facility offers available suites ranging from 9,960 to 96,070 SF, plus significant mezzanine space.
Where is this warehouse located?
The property is located at 5241-5323 S Western Ave Chicago, IL.
What are key features of this property?
This property features: 249,000 SF warehouse building with available suites from 9,960 to 96,070 SF; Suite 140 offers 96,070 SF and can be divided into 72,581 SF and 23,489 SF; Additional 59,000 SF mezzanine space (not included in building SF)
(630) 693-0644 Call to check price and availability
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