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Warehouse Flex Space with HVAC
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1911-1923 W Lake St, Chicago, IL 60612

Open warehouse flex units with full HVAC and secured parking.

Property Size15,625 SF
Days on Market480

Property Features for 1911-1923 W Lake St

General Information

Standard status Active
Size 15,625 SF
Property subtype INDUSTRIAL

Amenities

above average secured parking
full HVAC throughout
tons of natural light
clean facility
Listing Agency: CBRE | Chicago
Listed By: Matt Cowie
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 28 Last Checked: Jul 30 at 12:50PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This flex/warehouse facility offers an open warehouse layout with significant natural light and full HVAC throughout. The building is described as clean and configured with flexible unit sizes to support a range of warehouse, flex, manufacturing, retail, event space, and food user requirements as noted in the remarks. The property also includes above-average secured parking.

The site is adjacent to the recently announced “The 1901 Project” and is less than one block from the new Green/Pink line CTA stop at Lake & Damen.

For tenants and operators seeking warehouse and flex functionality, the combination of open interior space, natural light, and full HVAC is positioned to support day-to-day work needs while keeping unit options flexible.

Key Highlights

  • Adjacent to the recently announced "The 1901 Project"
  • Open warehouse flex layout with tons of natural light
  • Full HVAC throughout

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Storage Facility Accounting Firm Building Supply Grocery & Convenience 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

2,720
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
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

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?
Flex space - Open warehouse flex units with full HVAC and secured parking.
Where is this flex space located?
The property is located at 1911-1923 W Lake St Chicago, IL.
What are key features of this property?
This property features: Adjacent to the recently announced "The 1901 Project"; Open warehouse flex layout with tons of natural light; Full HVAC throughout
(312) 735-6510 Call to check price and availability
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