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Flex Space with High Ceilings
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1531 S 54th Ave, Cicero, IL 60804

M-2-zoned flex property with dedicated office components, warehouse capacity, and extensive on-site parking.

Space Size323,343 SF
Days on Market363

Property Features for 1531 S 54th Ave

General Information

Standard status Active
Size 323,343 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 1531 S 54th Ave Contact us

1531 S 54th Ave

Floor
Bldg
Size
323,343 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 323,343 SF Available for lease - 15,300 SF Main Office - 6,825 SF Warehouse Office -...
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Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Steve Connolly, SIOR · License #471009757
Source: Moodyscre
Added: Sep 2, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:26AM

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.

Located at 1531 S 54th Ave in Cicero, this lease offering provides 323,343 SF across a substantial flex and industrial facility. The property includes a 15,300 SF main office, an additional 6,825 SF warehouse office, and 36-foot ceiling height. A 70-foot speed bay and 56-by-50-foot bay spacing support a range of warehouse and operational configurations.

The site encompasses 18.57 acres and includes 273 car parking spaces. M-2 zoning adds an industrial land-use designation to the property’s office and warehouse configuration, while the combination of dedicated office areas, high clearances, and speed-bay functionality supports flexible commercial occupancy.

Key Highlights

  • 323,343 SF available for lease
  • 15,300 SF main office plus 6,825 SF warehouse office
  • 36' ceiling height

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Gym & Fitness Center Skin Care Clinic

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

632
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Baolong Food Services 1445 S Laramie Ave, Cicero, IL 60804

Frequently Asked Questions

What type of property is this?
Flex space - M-2-zoned flex property with dedicated office components, warehouse capacity, and extensive on-site parking.
Where is this flex space located?
The property is located at 1531 S 54th Ave Cicero, IL.
What are key features of this property?
This property features: 323,343 SF available for lease; 15,300 SF main office plus 6,825 SF warehouse office; 36' ceiling height
(630) 693-0642 Call to check price and availability
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