Riverfront Industrial
For Lease
Contact for pricing
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 Market55
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
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 and North Avenue.
- The billion dollar mixed-use development of Foundry Park is immediately nearby.
- Also nearby is the North & Clybourn retail corridor, home to numerous national retailers and big-box destinations.
Contact us
Listing Agency:
Strauss Realty, Ltd.
(773) 736-3600
Listed By:
Adam Schneiderman · License #475149601
(847) 826-4467
Source:
Moodyscre
Added: Aug 24
Changed: Oct 8
Last Checked: Oct 16 at 9:36AM
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.
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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.
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
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Current Use
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
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$16.68 /SF/Yr
Avg Asking Price
$5.95–$33 /SF/Yr
Price Range
58,274 SF
Avg Space Size
This space is priced 22% below the average of $16.68 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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
