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Warehouse Building with Drive-In Doors
For Lease
$12.95 SF/Yr NNN

1850-60 N Elston Avenue, Chicago, IL 60642

M3-3-zoned warehouse with office space, ample power, and flexible industrial functionality.

Space SizeContact for details
Days on Market9

Property Features for 1850-60 N Elston Avenue

General Information

Standard status Active

Building Details

Stories 1
Units 1
Listing Agency: Strauss Realty Ltd
Listed By: Adam Schneiderman · License #475149601
Source: Cavanaghrealty
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 19 at 2:29PM

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.

The property is a 21,180 SF warehouse building with three drive-in doors, 14'-18' clear ceiling heights, ample power, and a 1,000 SF office component. The configuration accommodates manufacturing, warehousing, distribution, contractor operations, and other industrial uses. The building is offered under an NNN lease structure and carries M3-3 zoning.

Situated at 1850-1860 N. Elston Avenue in Chicago’s Bucktown area, the property lies along the North Branch of the Chicago River. Access to I-90 and North Avenue supports regional connectivity, while Home Depot is nearby. The location is within Chicago’s 32nd Ward.

Key Highlights

  • 21,180 SF warehouse building at 1850‑1860 N. Elston Avenue
  • 3 drive‑in doors with 14'-18' clear ceiling heights
  • 1,000 SF office area and ample power

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

NNN (Triple Net)
Lease Type

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 - M3-3-zoned warehouse with office space, ample power, and flexible industrial functionality.
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 warehouse building at 1850‑1860 N. Elston Avenue; 3 drive‑in doors with 14'-18' clear ceiling heights; 1,000 SF office area and ample power
More about this property
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