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Updated Industrial Warehouse with Offices
For Lease
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4135 W 123rd Street, Alsip, IL 60803

Industrial facility includes office, workshop, storage, and central air conditioning.

Space Size5,320 SF
Property Size6,800 SF
Days on Market887

Property Features for 4135 W 123rd Street

General Information

Standard status Active
Size 5,320 SF
Net Rentable 5,300 SF
Property subtype Industrial
Zoning I-2
Lease Type Net

Space & Availability

Available Space 5,300 SF
Contiguous Space 5,300 SF
Space Use Warehouse

Warehouse & Industrial

Warehouse Space 5,300 SF
Three-Phase Power Yes
Conditioned Warehouse Yes

Building Details

Building Size 6,800 SF
Year Built 1969
Stories 2
Tenancy Single

Spaces For Lease

at 4135 W 123rd Street Contact us

Available Space $2.07/SF/Mo

Size
5,320 SF
Type
Industrial
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Access Real Estate
Listed By: zahara bazigos · License #IL
Source: Crexi
Added: Mar 28, 2024 Changed: Aug 29 Last Checked: Aug 29 at 6:36PM

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 Access Real Estate

Investment Insights

Based on property information with market context.

This I-2-zoned warehouse provides approximately 5,300+ square feet of updated industrial space. The configuration includes workshops, offices on the main and second floors, a front waiting room, storage rooms, and 3.1 bathrooms. Central air conditioning supports the building, while Phase 3 electrical service accommodates industrial operations. A new roof is in place with a warranty.

The property is positioned off a busy road and has parking at both the front and rear. Built in 1969, the facility combines warehouse, office, and support areas within a practical industrial layout.

Key Highlights

  • I‑2 zoning for industrial use
  • Approximately 5300 plusSQFT of warehouse space
  • Workshops, main- and second‑floor offices, waiting room, storage rooms, and 3.1 bathrooms

Property Analytics

Current Use

Rising Graphics Inc Marketing & Advertising H & P Memorial ... Social Service Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Pharmacy

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

NNN (Triple Net)
Lease Type
$3.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60803, IL

22,189
Population
9,563
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
2,845
Density / Sq Mi
$66,555
Median Household Income
$42,245
Median Earnings
$1,113
Median Rent
$200,600
Median Home Value

Market

Lease Benchmarks for Alsip, IL

$13.26 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
68,307 SF
Avg Space Size

This space is priced 87% above the average of $13.26 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Self-Storage at U-Haul 11855 S Cicero Ave, Alsip, IL 60803
  • Reliant Self Storage Facility 11949 S Harding Ave, Alsip, IL 60803

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial facility includes office, workshop, storage, and central air conditioning.
Where is this warehouse located?
The property is located at 4135 W 123rd Street Alsip, IL.
What is the lease rate?
The lease rate is $24.81 SF/Yr.
What are key features of this property?
This property features: I‑2 zoning for industrial use; Approximately 5300 plusSQFT of warehouse space; Workshops, main- and second‑floor offices, waiting room, storage rooms, and 3.1 bathrooms
More about this property
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