Temperature Controlled Commercial Space
For Lease
$5,600/Mo
1631 West Walnut Street, Chicago, IL 60612
4,200 SF commercial space for lease on Near West Side.
Space SizeContact for details
Days on Market272
Property Features for 1631 West Walnut Street
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
CBRE | Chicago
(312) 935-1469
Listed By:
Mitch Adams
(312) 935-1469
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Aug 20 at 8:56AM
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 4,200 square foot commercial space is available for lease on the Near West Side. The space features new epoxy flooring and is fully temperature controlled. It includes an oversized loading area, a 375 square foot walk-in cooler, a triple bowl sink with grease trap, and a double bowl sink. There are men's and women's bathrooms, along with a private office. The property is equipped with an 80-gallon electrical hot water tank, 1.5" gas service, and FRP paneling. Electrical service is 200 amp, 3-phase. Four secure parking spaces are included. Located steps away from the Lake/Ashland CTA stop. Options include a 10' cooking hood, upgrading the hot water tank to high efficiency gas, and converting the walk-in cooler to a freezer. The monthly lease rate is $5,200.
Key Highlights
- 4,200 SF available for lease at $5,200/month.
- Located steps away from the Lake/Ashland CTA stop on the Near West Side.
- Includes a 375 SF walk‑in cooler.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,281
Businesses Nearby
Balanced
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
Market
Lease Benchmarks for Chicago, IL
$13.23 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
68,898 SF
Avg Space Size
This space is priced 21% above the average of $13.23 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 4,200 SF commercial space for lease on Near West Side.
Where is this warehouse located?
The property is located at 1631 West Walnut Street Chicago, IL.
What is the lease rate?
The lease rate is $5,600/Mo.
What are key features of this property?
This property features: 4,200 SF available for lease at $5,200/month.; Located steps away from the Lake/Ashland CTA stop on the Near West Side.; Includes a **375 SF walk‑in cooler.**
