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Warehouse with Drive-In Access
For Lease
$12.95 SF/Yr

1850-60 N Elston Avenue, Chicago, IL 60642

Industrial building offers office space, multiple drive-in doors, and M3-3 zoning for warehouse and manufacturing operations.

Space Size21,180 SF
Days on Market9

Property Features for 1850-60 N Elston Avenue

General Information

Standard status Active
Size 21,180 SF
Net Rentable 21,180 SF
Property subtype Commercial
Zoning M3-3
Lease Type NNN

Space & Availability

Available Space 21,180 SF
Contiguous Space 21,180 SF
Space Use Industrial

Lease Terms

Lease Rate $12.95 /USD/SF/YR
Monthly Rent $22,856
Rent per SF/Year $12.95

Warehouse & Industrial

Clear Height 18 ft
Office Build-Out 1,000 SF
Drive-In Doors 3

Additional Details

Highway Access Yes

Amenities

Central air
Central Individual Cooling

Building Details

Building Size 21,180 SF
Listing Agency: STRAUSS REALTY LTD
Listed By: ADAM SCHNEIDERMAN · License #475149601
Source: Corcoran
Added: Aug 13 Changed: Aug 20 Last Checked: Aug 20 at 5:49AM

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 STRAUSS REALTY LTD

Investment Insights

Based on property information with market context.

Available for lease at 1850-1860 N. Elston Avenue, this 21,180 SF warehouse property includes 1,000 SF of office space and three drive-in doors. Clear ceiling heights range from 14 to 18 feet, supporting a range of warehouse, manufacturing, distribution, and contractor uses. The property is zoned M3-3 and includes substantial power service.

The building sits along the North Branch of the Chicago River, with access to I-90 and North Avenue. Home Depot is nearby, adding an established commercial reference point to the surrounding area.

Key Highlights

  • 21,180 SF industrial building with 1,000 SF of office space
  • Three drive‑in doors for warehouse and industrial operations
  • 14'-18' clear ceiling heights

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop HVAC Service Garden 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

18 ft
Clear height
3
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,377
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
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 2% below the average of $13.23 /SF/Yr.

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building offers office space, multiple drive-in doors, and M3-3 zoning for warehouse and manufacturing operations.
Where is this warehouse located?
The property is located at 1850-60 N Elston Avenue Chicago, IL.
What is the lease rate?
The lease rate is $12.95 SF/Yr.
What are key features of this property?
This property features: 21,180 SF industrial building with 1,000 SF of office space; Three drive‑in doors for warehouse and industrial operations; 14'-18' clear ceiling heights
More about this property
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