New Construction Warehouse Space
4002 South Princeton Avenue, Chicago, IL 60609
For Lease
Contact for pricing
New 180,900 SF warehouse in Chicago's Stockyards Industrial Park.
Space SizeContact for details
Days on Market353
Property Features for 4002 South Princeton Avenue
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
CBRE | Chicago
Listed By:
Larry Goldwasser, SIOR
(312) 334-7201
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 8
Last Checked: Jul 27 at 8:35AM
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
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This is a new construction warehouse space offering 180,900 square feet, divisible to 25,920 square feet, located in Chicago’s Stockyards Industrial Park. The building, situated on 12.42 acres, is expected to be delivered in Q4 2025. It features office space to suit, a 32-foot clear ceiling, 20 exterior docks that are expandable, and 2 drive-in doors. The layout includes 52-foot by 50-foot bays, with 60-foot speed bays. Parking is available with 208 car spots and 36 trailer stalls. The property is equipped with a 3,000 amp power service. The location in Chicago's Stockyards Industrial Park provides excellent access to I-55, I-94, and Downtown Chicago, as well as access to a large labor pool. The property is zoned PMD 8A and is located in Enterprise Zone 2, which includes potential incentives such as sales tax exemption for building materials, machinery and equipment sales tax exemption, and utility tax exemption.
Key Highlights
- New construction with 180,900 SF (divisible to 25,920 SF) delivering Q4 2025.
- Located in Enterprise Zone 2 with potential sales and utility tax exemptions.
- 32' clear ceiling height.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
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Market
Lease Benchmarks for Chicago, IL
$12.87 /SF/Yr
Avg Asking Price
$5.95–$24 /SF/Yr
Price Range
74,649 SF
Avg Space Size
Average Price Trend$/SF/Yr for Warehouses in Chicago, IL
Properties on Market for Warehouses in Chicago
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Warehouse - New 180,900 SF warehouse in Chicago's Stockyards Industrial Park.
Where is this warehouse located?
The property is located at 4002 South Princeton Avenue Chicago, IL.
What are key features of this property?
This property features: New construction with 180,900 SF (divisible to 25,920 SF) delivering Q4 2025.; Located in Enterprise Zone 2 with potential sales and utility tax exemptions.; 32' clear ceiling height.
