Warehouse with Multiple Overhead
For Lease
Contact for pricing
5241-5323 S Western Ave, Chicago, IL 60609
Zoned M-2, with suites ranging up to 96,070 SF and mezzanine space plus multiple overhead cranes.
Property Size49,843 SF
Days on Market486
Property Features for 5241-5323 S Western Ave
General Information
Standard status
Active
Size
49,843 SF
Property subtype
INDUSTRIAL
Zoning
M-2
Listing Agency:
NAI Hiffman | Oakbrook Terrace
(630) 693-0644
Listed By:
Alex Sutterer · License #475166355
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Jul 30
Last Checked: Jul 30 at 2:41AM
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.
This industrial warehouse/distribution facility offers multiple available suites within the building, including Suite 110 (30,000 SF), Suite 130 (49,843 SF), Suite 140 (96,070 SF, divisible into 72,581 SF and 23,489 SF), and Suite 160 (9,960 SF). A 59,000 SF mezzanine is available and is not included in the building SF.
The facility is equipped with cranes, including four 10-ton cranes, two 5-ton cranes, and 27’ under the hook. Zoning is M-2. The property is located at 5241-5323 S Western Ave, Chicago, IL 60609, providing a flexible footprint for warehouse and distribution operations that need both substantial floor area and overhead lifting capacity.
Income is in place and is available by request for financials.
The facility is equipped with cranes, including four 10-ton cranes, two 5-ton cranes, and 27’ under the hook. Zoning is M-2. The property is located at 5241-5323 S Western Ave, Chicago, IL 60609, providing a flexible footprint for warehouse and distribution operations that need both substantial floor area and overhead lifting capacity.
Income is in place and is available by request for financials.
Key Highlights
- Available suites include 30,000 SF (Suite 110), 49,843 SF (Suite 130), 96,070 SF (Suite 140), and 9,960 SF (Suite 160)
- Suite 140 is divisible into 72,581 SF and 23,489 SF
- 59,000 SF mezzanine space not included in building SF
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,509
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$13.92 /SF/Yr
Avg Asking Price
$4.5–$25 /SF/Yr
Price Range
30,781 SF
Avg Space Size
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Zoned M-2, with suites ranging up to 96,070 SF and mezzanine space plus multiple overhead cranes.
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: Available suites include 30,000 SF (Suite 110), 49,843 SF (Suite 130), 96,070 SF (Suite 140), and 9,960 SF (Suite 160); Suite 140 is divisible into 72,581 SF and 23,489 SF; 59,000 SF mezzanine space not included in building SF
