Flex Space with Dock and Drive-In
For Lease
Contact for pricing
1621 W Walnut St, Chicago, IL 60612
Flex space offering newly renovated office space plus warehouse area with a dock and a drive-in door.
Space Size9,200 SF
Days on Market526
Property Features for 1621 W Walnut St
General Information
Standard status
Active
Size
9,200 SF
Net Rentable
9,200 SF
Total Parking Spaces
10
Property subtype
FLEX_R_AND_D
Lease Type
Gross
Space & Availability
Available Space
9,200 SF
Contiguous Space
9,200 SF
Warehouse & Industrial
Warehouse Space
1,700 SF
Dock-High Doors
1
Drive-In Doors
1
Spaces For Lease
at 1621 W Walnut St Contact us- Floor
- 1
- Size
- 9,200 SF
- Type
- FLEX_R_AND_D
- Lease Type
- GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
1621 W Walnut St $18/SF/Yr
- /- 9,200 SF
- 1,700 SF of Warehouse Space
- 1 Dock / 1 Drive in Door
- Newly renovated...
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Contact us
Listing Agency:
CBRE | Chicago
(312) 935-1400
Listed By:
Nicole Mentone · License #475162440
(312) 297-7658
Source:
Moodyscre
Added: Apr 7, 2025
Changed: Aug 15
Last Checked: Sep 13 at 10:34AM
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 space includes 9,200 SF with 1,700 SF of warehouse space and newly renovated office space. The configuration provides one dock and one drive-in door, supporting straightforward move-in and daily operations.
The space is set up as first floor space and includes 10 parking spaces in a secure lot for tenant use.
With a mix of warehouse and office, this layout can fit businesses that need flexible day-to-day workflows and on-site space for both operations and staff work areas.
The space is set up as first floor space and includes 10 parking spaces in a secure lot for tenant use.
With a mix of warehouse and office, this layout can fit businesses that need flexible day-to-day workflows and on-site space for both operations and staff work areas.
Key Highlights
- 9,200 SF total flex space
- 1,700 SF of warehouse space
- 1 dock and 1 drive‑in door
Property Analytics
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Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,281
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$17.39 /SF/Yr
Avg Asking Price
$8–$37 /SF/Yr
Price Range
18,662 SF
Avg Space Size
This space is priced 4% above the average of $17.39 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space offering newly renovated office space plus warehouse area with a dock and a drive-in door.
Where is this flex space located?
The property is located at 1621 W Walnut St Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 9,200 SF total flex space; 1,700 SF of warehouse space; 1 dock and 1 drive‑in door
