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Distribution Warehouse with ESFR
For Lease
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1500 S Laramie Ave, Cicero, IL 60804

Newly completed 343,090 SF warehouse with ESFR sprinklers, 49 exterior docks, and 36' clear height.

Space Size343,090 SF
Lot Size17.40 Acres
Days on Market1322

Property Features for 1500 S Laramie Ave

General Information

Standard status Active
Size 343,090 SF
Total Parking Spaces 303
Lot size 17.40 Acres
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 36 ft
Dock-High Doors 49
Drive-In Doors 2
Heavy Power Yes
Sprinkler System Yes

Additional Details

Business Included No

Spaces For Lease

at 1500 S Laramie Ave Contact us

1400 S Laramie Ave

Floor
Bldg
Size
343,090 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Property Description 575,935 SF Available. Construction is complete and ready for...
show more
Contact us
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Steve Connolly, SIOR
Source: Moodyscre
Added: Jan 31, 2023 Changed: Sep 9 Last Checked: Sep 13 at 10:41AM

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.

A newly completed distribution warehouse offering a total of 343,090 SF on 17.40 acres, with a small 4,310 SF office component. The facility is configured with 49 exterior docks, 2 drive-in doors, and space for 94 trailers, supported by ESFR sprinklers and 36' clear height. Trailer and loading access is complemented by 3000 amps of power and a 70' speedbay.

The property is less than one mile to I-290 via Central Avenue or Laramie Avenue and less than five miles to I-55 via Central Avenue. It is also positioned within the Chicago market with proximity to O'Hare and Midway airports and is connected to public transit, as a bus route runs along Laramie Avenue.

Internally, the building features 56' x 50' column spacing designed for efficient floor planning, with 303 on-site parking spaces available. The space is also described as divisible to 60,000 +/- SF.

Key Highlights

  • 343,090 SF warehouse on 17.40 acres, construction complete and ready for occupancy
  • 36' clear height with 56' x 50' column spacing and 70' speedbay
  • ESFR sprinklers plus 3,000 amps power

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Gym & Fitness Center Spa & Massage Center

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

36 ft
Clear height
49
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60804, IL

85,673
Population
26,738
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
68%
High-School Grad
7.1 sq mi
ZIP Area
12,067
Density / Sq Mi
$68,548
Median Household Income
$36,786
Median Earnings
$1,121
Median Rent
$236,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Newly completed 343,090 SF warehouse with ESFR sprinklers, 49 exterior docks, and 36' clear height.
Where is this warehouse located?
The property is located at 1500 S Laramie Ave Cicero, IL.
What are key features of this property?
This property features: 343,090 SF warehouse on 17.40 acres, construction complete and ready for occupancy; 36' clear height with 56' x 50' column spacing and 70' speedbay; ESFR sprinklers plus 3,000 amps power
(630) 693-0642 Call to check price and availability
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