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Modern Industrial Flex Building
For Lease
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3507 West 51st Street, Chicago, IL 60632

New construction flex space includes heavy power, a high-end office buildout, and workforce-ready breakrooms and bathrooms.

Space SizeContact for details
Days on Market95

Property Features for 3507 West 51st Street

General Information

Standard status Active
Property subtype Industrial

Site & Location

Neighborhood West Elsdon

Additional Details

Heavy Power Yes

Amenities

training room
breakroom
bathrooms
Listing Agency: CBRE | Chicago
Listed By: Larry Goldwasser, SIOR
Source: Cbre
Added: Jul 24 Changed: Oct 26 Last Checked: Oct 26 at 2:28PM

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

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Investment Insights

Based on property information with market context.

This modern industrial flex building offers a high-end office buildout with a dedicated training room. The facility is designed to support manufacturing needs with heavy power. Interior amenities include a large breakroom and bathrooms sized to accommodate a larger workforce.

The building includes infrastructure for interior parking, with exhaust fans and CO2 detection installed in place. It presents a new construction option with modern systems supporting larger operational requirements.

Key Highlights

  • New construction flex space with heavy power, suitable for manufacturing
  • High‑end office buildout includes a training room
  • Large breakroom and bathrooms designed to accommodate a large workforce

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Amazon Locker - Spoons Postal Service Amazon - DIL3 Warehouse & Storage

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm Acupuncture Gym & Fitness 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

Yes
Heavy power
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,226
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$18.26 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,264 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

Similar Off Market Nearby

  • Carmen’s Delights — 5533 S Keeler Ave, Chicago, IL 60629

Frequently Asked Questions

What type of property is this?
Flex space - New construction flex space includes heavy power, a high-end office buildout, and workforce-ready breakrooms and bathrooms.
Where is this flex space located?
The property is located at 3507 West 51st Street Chicago, IL.
What are key features of this property?
This property features: New construction flex space with heavy power, suitable for manufacturing; High‑end office buildout includes a training room; Large breakroom and bathrooms designed to accommodate a large workforce
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