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Two-Story Flex Warehouse
For Lease
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1859 W Walnut St, Chicago, IL 60612

Two floors of flex/warehouse space with a freight elevator, wet sprinklers, and a single drive-in door.

Property Size12,000 SF
Lot Size0.14 Acres
Days on Market485

Property Features for 1859 W Walnut St

General Information

Standard status Active
Size 12,000 SF
Lot size 0.14 Acres
Property subtype INDUSTRIAL

Warehouse & Industrial

Drive-In Doors 1
Sprinkler System Yes

Additional Details

Opportunity Zone Yes

Amenities

freight elevator
street parking

Building Details

Stories 2
Listing Agency: CBRE | Chicago
Listed By: Jimmy Kowalczyk
Source: Moodyscre
Added: Apr 3, 2025 Changed: Jul 27 Last Checked: Jul 30 at 12:47PM

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 two-story flex warehouse offers 12,000 square feet total with 6,000 square feet on each floor. The space includes an existing freight elevator and wet sprinkler system. An existing basement is available but is not included in the stated square footage, and office space is listed as to suit.

The property provides one drive-in door and street parking. It is described as being located in an Opportunity Zone.

The layout supports both warehouse and flexible use through the two-floor configuration and freight elevator access, with office buildout available as needed.

Key Highlights

  • 12,000 SF flex/warehouse building with 6,000 SF per floor
  • Existing freight elevator servicing the two floors
  • Wet sprinkler system and 1 drive‑in door

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Storage Facility Accounting Firm Grocery & Convenience Store 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

1
Drive-in doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,135
Businesses Nearby
Well-served
Demand for This Use

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

$70.18 /SF/Yr
Avg Asking Price
$4.5–$141 /SF/Yr
Price Range
4,230 SF
Avg Space Size

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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Two floors of flex/warehouse space with a freight elevator, wet sprinklers, and a single drive-in door.
Where is this flex space located?
The property is located at 1859 W Walnut St Chicago, IL.
What are key features of this property?
This property features: 12,000 SF flex/warehouse building with 6,000 SF per floor; Existing freight elevator servicing the two floors; Wet sprinkler system and 1 drive‑in door
(630) 368-5548 Call to check price and availability
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