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Industrial Space Near Humboldt Park
For Lease
$14 SF/Yr

3128 W GRAND Avenue, Chicago, IL 60622

Industrial property suitable for various business needs near Humboldt Park.

Space SizeContact for details
Days on Market460

Property Features for 3128 W GRAND Avenue

General Information

Standard status Active
Property subtype Commercial
Listing Agency: COORDINATE PROPERTIES LLC
Listed By: AMANDA STAMELOS · License #471019385
Source: Corcoran
Added: May 20, 2025 Changed: Aug 20 Last Checked: Aug 21 at 8:10AM

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 COORDINATE PROPERTIES LLC

Investment Insights

Based on property information with market context.

Located just south of Humboldt Park, this property is suitable for industrial use and can be adapted to suit specific business needs. The property features two drive-in doors and a drive-in loading dock. Newly installed 440 Amp electrical service and LED lighting are present throughout the space. The surrounding area has a population of 42,113 with a median household income of $42,603 within a 1 mile radius. Grand Avenue experiences a traffic volume of just under 17,000 vehicles daily. The property is located less than a mile from the Kedzie Station Commuter Rail (UPW line) and Smith Park, and is near a variety of commercial businesses.

Key Highlights

  • Prime industrial space suitable for various business needs.
  • Two drive‑in doors and a drive‑in loading dock for optimized logistics.
  • Newly installed 440 Amp electrical service with LED lighting.

Property Analytics

Current Use

W D Tool ... Industrial Manufacturer

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic HVAC Service Home Appliance Store

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,516
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
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 6% above 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial property suitable for various business needs near Humboldt Park.
Where is this warehouse located?
The property is located at 3128 W GRAND Avenue Chicago, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime industrial space suitable for various business needs.; Two drive‑in doors and a drive‑in loading dock for optimized logistics.; Newly installed 440 Amp electrical service with LED lighting.
More about this property
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