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Riverfront Industrial Property
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1850 N Elston Ave, Chicago, IL 60642

Industrial space near the North Branch of the Chicago River with convenient access to I-90 and North Avenue.

Space Size5,375 SF
Days on Market10

Property Features for 1850 N Elston Ave

General Information

Standard status Active
Size 5,375 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes

Spaces For Lease

at 1850 N Elston Ave Contact us

1850 N Elston Ave $12.95/SF/Yr

Size
5,375 SF
Type
INDUSTRIAL
Lease Type
NET_NNN
Availability
AVAILABLE, Now
Sublease
No
- Located along the North Branch of the Chicago River with convenient access to I-90...
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Listing Agency: Strauss Realty, Ltd.
Listed By: Adam Schneiderman · License #475149601
Source: Moodyscre
Added: Aug 24 Changed: Aug 30 Last Checked: Sep 1 at 2:50PM

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.

This industrial property at 1850 N Elston Ave comprises 5,375 square feet and is available for lease. Its setting along the North Branch of the Chicago River adds a distinct geographic characteristic to the asset.

The property offers access to I-90 and North Avenue. Foundry Park, a nearby mixed-use development, and the North & Clybourn retail corridor are both in the surrounding area, with national retailers and big-box destinations represented nearby.

Key Highlights

  • 5,375 square feet of industrial space
  • Located along the North Branch of the Chicago River
  • Access to I‑90 and North Avenue

Property Analytics

Current Use

Industrial 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,377
Businesses Nearby

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

$15.85 /SF/Yr
Avg Asking Price
$5.95–$32 /SF/Yr
Price Range
57,222 SF
Avg Space Size

This space is priced 18% below the average of $15.85 /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
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial space near the North Branch of the Chicago River with convenient access to I-90 and North Avenue.
Where is this industrial property located?
The property is located at 1850 N Elston Ave 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: 5,375 square feet of industrial space; Located along the North Branch of the Chicago River; Access to I‑90 and North Avenue
(847) 826-4467 Call to check price and availability
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