Chicago Industrial Space For
For Lease
Contact for pricing
3507 West 51st Street, Chicago, IL 60632
316,550 SF Class A industrial space available for lease.
Space SizeContact for details
Days on Market272
Property Features for 3507 West 51st Street
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
CBRE | Chicago
(312) 334-7201
Listed By:
Larry Goldwasser, SIOR
(312) 334-7201
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 21
Last Checked: Aug 21 at 9:55AM
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 Class A industrial space, totaling 316,550 square feet, is available for lease in Chicago. The building is situated on a 19.37-acre lot and includes 14,460 square feet of office space. It features a 36-foot clear ceiling height, 31 exterior docks that are expandable to 52, and 7 drive-in doors. The bay dimensions are 50 feet by 56 feet, with a 65-foot speed bay. The property is equipped with an ESFR sprinkler system and has a power capacity of 3,400 amps, which is easily expandable to 6,000 amps. There are 229 car parking spots and 85 trailer stalls available. The space is divisible to 81,000 square feet and benefits from a 6b tax incentive ($0.79/PSF). The location in Chicago provides direct access to end users and the labor pool, and it is located minutes from multiple intermodal yards. The property is situated between two CTA Orange Line 'L' stops (S Kedzie Ave & S Pulaski Rd).
Key Highlights
- Excellent Chicago location with access to end users, labor pool, and intermodal yards.
- 316,550 SF of Class A industrial space divisible to 81,000 SF.**
- 36’ clear ceiling height.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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
Vacancy Rate% for Industrial in Chicago, IL
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Similar Off Market Nearby
- Public Storage — 3327 W 47th St, Chicago, IL 60632
- Self-Storage at U-Haul — 3401 W 47th St, Chicago, IL 60632
- Amigos Frozen Solutions — 3625 W 51st St, Chicago, IL 60632
Frequently Asked Questions
What type of property is this?
Warehouse - 316,550 SF Class A industrial space available for lease.
Where is this warehouse located?
The property is located at 3507 West 51st Street Chicago, IL.
What are key features of this property?
This property features: Excellent Chicago location with access to end users, labor pool, and intermodal yards.; 316,550 SF of Class A industrial space divisible to 81,000 SF.**; 36’ clear ceiling height.**
