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Multi-Tenant Industrial Facility
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5241-5323 S Western Ave, Chicago, IL 60609

M-2 zoned industrial building with multiple suites and extensive crane capacity, including 10-ton and 5-ton overhead cranes.

Property Size30,000 SF
Days on Market486

Property Features for 5241-5323 S Western Ave

General Information

Standard status Active
Size 30,000 SF
Property subtype INDUSTRIAL
Zoning M-2
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Alex Sutterer · License #475166355
Source: Moodyscre
Added: Apr 1, 2025 Changed: Jul 26 Last Checked: Jul 30 at 11:20AM

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 industrial facility offers a multi-tenant layout with several available suites, including Suite 110, Suite 130, Suite 140, and Suite 160. The building totals 249,000 SF and includes an additional 59,000 SF mezzanine area that is not included in the building SF.

Operations can take advantage of significant material handling capacity, with (4) 10-ton cranes, (2) 5-ton cranes, and 27' under the hook. Zoning is M-2.

The available configurations include a range of suite sizes, and Suite 140 is divisible into 72,581 SF and 23,489 SF spaces. Income is currently in place and available financial information can be provided upon request.

Key Highlights

  • 249,000 SF M‑2 zoned industrial building with multiple available suites
  • Available suites include 30,000 SF (Suite 110) and 49,843 SF (Suite 130)
  • Suite 140 totals 96,070 SF and can be divided into 72,581 SF and 23,489 SF

Property Analytics

Current Use

Manufacturing properties

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

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

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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Frequently Asked Questions

What type of property is this?
Manufacturing property - M-2 zoned industrial building with multiple suites and extensive crane capacity, including 10-ton and 5-ton overhead cranes.
Where is this manufacturing property 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 M‑2 zoned industrial building with multiple available suites; Available suites include 30,000 SF (Suite 110) and 49,843 SF (Suite 130); Suite 140 totals 96,070 SF and can be divided into 72,581 SF and 23,489 SF
(630) 693-0644 Call to check price and availability
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