Flex Industrial Space
For Lease
Contact for pricing
21 S Racine Ave, Chicago, IL 60607
Industrial flex space available for lease in the West Loop/Fulton Market area, zoned DX-3 in the 34th Ward.
Property Size18,626 SF
Days on Market794
Property Features for 21 S Racine Ave
General Information
Standard status
Active
Size
18,626 SF
Property subtype
FLEX_R_AND_D
Zoning
DX-3
Lease Type
SF/yr
Listing Agency:
JLL - Corporate
(630) 248-9354
Listed By:
Dominic Carbonari · License #475144168
Source:
Moodyscre
Added: May 28, 2024
Changed: Jul 26
Last Checked: Jul 30 at 2:29PM
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 JLL - Corporate
Investment Insights
Based on property information with market context.
This flex/industrial commercial space presents an 18,626 square foot opportunity offered for sale or lease. The listing is being marketed with both rental and sale terms, subject to offer.
Located in Chicago’s West Loop / Fulton Market neighborhood, the property is in the 34th Ward and designated DX-3 zoning. Transit access includes Racine Station (Blue Line), approximately a 9-minute walk, and Morgan Station (Green & Pink Lines), approximately a 14-minute walk.
For additional details, including current asking terms, please contact the listing agent, Michael Conway.
Located in Chicago’s West Loop / Fulton Market neighborhood, the property is in the 34th Ward and designated DX-3 zoning. Transit access includes Racine Station (Blue Line), approximately a 9-minute walk, and Morgan Station (Green & Pink Lines), approximately a 14-minute walk.
For additional details, including current asking terms, please contact the listing agent, Michael Conway.
Key Highlights
- 18,626 SF industrial flex space available for sale or lease
- Located in Chicago’s West Loop/Fulton Market (34th Ward) in the DX‑3 zoning district
- Racine Station (Blue Line) is a 9‑minute walk away
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,578
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$70.18 /SF/Yr
Avg Asking Price
$4.5–$141 /SF/Yr
Price Range
4,230 SF
Avg Space Size
This space is priced 64% below the average of $70.18 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex space available for lease in the West Loop/Fulton Market area, zoned DX-3 in the 34th Ward.
Where is this flex space located?
The property is located at 21 S Racine Ave Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 18,626 SF industrial flex space available for sale or lease; Located in Chicago’s West Loop/Fulton Market (34th Ward) in the DX‑3 zoning district; Racine Station (Blue Line) is a 9‑minute walk away
