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Divisible Industrial Warehouse Building
For Sale
$1,000,000

4101-4015 W Lake Street, Chicago, IL 60624

Large warehouse offers overhead door access and flexibility for users needing a space that can be subdivided.

Property SizeContact for details
Days on Market80

Property Features for 4101-4015 W Lake Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $32,208,355

Amenities

Central air
Central Air Cooling
Membrane Roof

Building Details

Year Built 1914
Listing Agency: KELLER WILLIAMS ONECHICAGO
Listed By: GREG VITI · License #475122100
Source: Corcoran
Added: Jun 2 Changed: Aug 17 Last Checked: Aug 20 at 5:02AM

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 KELLER WILLIAMS ONECHICAGO

Investment Insights

Based on property information with market context.

This large industrial warehouse building is offered for sale with the ability to be divided into smaller spaces. The property includes a few overhead doors, supporting a variety of warehouse and distribution uses. While the building needs work, the existing structure is described as having strong “bones,” and the available floor plan can be provided under additional information.

The property is located close to the highway and public transportation, which can support tenant and logistics access. Easy showings are noted for qualified parties.

For buyers or operators seeking an industrial asset with flexibility, the divisibility and overhead door access may help accommodate multiple users or staged buildouts, depending on requirements. Because the property is indicated to require work, it may be best suited for buyers prepared to invest in improvements while tailoring the space to the intended operational needs. The combination of a sizable warehouse footprint, overhead doors, and a functional plan layout can be useful for a range of light industrial and warehouse applications, subject to buyer due diligence and permitting.

Key Highlights

  • Large industrial warehouse built in 1914
  • Overhead door access, including a few overhead doors
  • Layout could be divided into multiple spaces

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom Carpet & Flooring 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

971
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
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
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Frequently Asked Questions

What type of property is this?
Warehouse - Large warehouse offers overhead door access and flexibility for users needing a space that can be subdivided.
Where is this warehouse located?
The property is located at 4101-4015 W Lake Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Large industrial warehouse built in 1914; Overhead door access, including a few overhead doors; Layout could be divided into multiple spaces
More about this property
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