10,000 SF Chicago
For Sale
$1,195,000
4158 W 54th St, Chicago, IL 60632
10,000 SF warehouse with oversized drive-in doors.
Property Size10,000 SF
Days on Market315
Property Features for 4158 W 54th St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Building Details
Building Size
10,000 SF
Year Built
1974
Listing Agency:
Cawley Chicago
Listed By:
Frank H. Melchert V
(616) 625-8900
Source:
Cawleycre
Added: Nov 24, 2025
Changed: Oct 4
Last Checked: Oct 4 at 8:21AM
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 Cawley Chicago
Investment Insights
Based on property information with market context.
This 10,000 square foot building is situated on a 41,382 square foot lot. The property features two oversized drive-in doors and a 16-foot ceiling height. It has M1-1 zoning and is equipped with 400 amp, 240 V, 3-phase power.
Key Highlights
- 10,000 SF Total Building Area on 41,382 SF of Land
- M1‑1 Zoning
- Two Oversized Drive‑in Doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,491
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,049,820
$1.0M
Cap Rate 7%
$749,871
$749.9K
Cap Rate 9%
$583,233
$583.2K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$64.8K $6.48/SF
− Vacancy
−$3.0K −$0.30/SF
EGI
$61.8K $6.18/SF
− OpEx
−$9.3K −$0.93/SF
NOI
$52.5K $5.25/SF
Area
ZIP 60632
Vacancy
4.70%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,049,820
Cap Rate 7%
$749,871
Cap Rate 9%
$583,233
Alternative Uses
Best Use
Warehouse
$749.9K
$656.1K – $874.9K
NOI $52,491 @ 7.0% cap · market cap 4.39%
Second Best
Industrial
$617.5K
$540.4K – $720.5K
NOI $43,228 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$4.40M
$3.85M – $5.13M
NOI $308,045 @ 7.0% cap · market cap 25.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,018
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 10,000 SF warehouse with oversized drive-in doors.
Where is this warehouse located?
The property is located at 4158 W 54th St Chicago, IL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 10,000 SF Total Building Area on 41,382 SF of Land; M1‑1 Zoning; Two Oversized Drive‑in Doors
