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Warehouse-Office Flex Space
For Sale
Contact for pricing
Pending

3421-3433 W 48TH PLACE, Chicago, IL 60632

Masonry flex property combining warehouse capacity, office areas, loading access, and on-site parking.

Property Size92,000 SF
Days on Market143

Property Features for 3421-3433 W 48TH PLACE

General Information

Standard status Pending
Size 92,000 SF
Class Class C
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Three-Phase Power Yes

Building Details

Stories 2
Construction masonry
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 10:18PM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This Chicago flex property comprises masonry industrial buildings totaling more than 92,000 square feet, with warehouse and office components across a partial two-story configuration. The improvements include multiple dock-level doors, a drive-in door, 12- to 16-foot ceiling heights, three-phase electrical service, air-conditioned office space, and an on-site parking lot. The buildings may be acquired together or separately, with 3421 W. 48th Street identified as a separate sale option from 3431–3433 W. 48th Street.

The property provides access to S. Kedzie Ave and S. Archer Rd, connecting the site with Midway Airport, Downtown Chicago, and southwest suburban communities. Interstate 55 is approximately one mile north, while Midway Airport is approximately three miles away.

Key Highlights

  • More than 92,000+ SF of masonry industrial building area
  • Warehouse and office space in a partial two‑story configuration
  • Multiple dock level doors plus a drive‑in door

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center Auto Parts Store Skin Care Clinic

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

16 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

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
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Similar Off Market Nearby

  • Carnitas El Flaco Richmond &, W 53rd St, Chicago, IL 60632
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  • Los Chepes 3116 W Pope John Paul II Dr, Chicago, IL 60632

Frequently Asked Questions

What type of property is this?
Flex space - Masonry flex property combining warehouse capacity, office areas, loading access, and on-site parking.
Where is this flex space located?
The property is located at 3421-3433 W 48TH PLACE Chicago, IL.
What are key features of this property?
This property features: More than 92,000+ SF of masonry industrial building area; Warehouse and office space in a partial two‑story configuration; Multiple dock level doors plus a drive‑in door
(847) 780-8062 Call to check price and availability
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