Versatile Warehouse/Shop with
For Lease
$12 SF/Yr
4224-4228 W Montrose Ave, Chicago, IL 60641
7,100 SF warehouse/shop with parking, ideal for various businesses.
Space SizeContact for details
Days on Market402
Property Features for 4224-4228 W Montrose Ave
General Information
Standard status
Active
Building Details
Year Built
1959
Listing Agency:
Strauss Realty Ltd
Listed By:
Dale Strauss, Aaron Strauss · License #471007335
(773) 736-3600
Source:
Realtopiare
Added: Sep 1, 2025
Changed: Oct 3
Last Checked: Oct 5 at 9:43PM
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 Strauss Realty Ltd
Investment Insights
Based on property information with market context.
The property at 4224-4228 W. Montrose Avenue is a 7,100 SF warehouse/shop with a parking lot. Previously leased to a lawnmower repair company, this building is suitable for light industrial, repair, or service businesses. The property features a shop, dedicated office space, a private parking lot, and three garage doors. Its location offers accessibility and convenience, situated just 2 minutes from I-90 and close to the Blue Line. The surrounding area includes local eateries such as Tim Tim's Halal Grill and Taco Pros. The property can be leased with adjacent warehouse and/or office buildings located at 4220 W. Montrose for an additional fee.
Key Highlights
- Excellent accessibility: Located just 2 minutes from I‑90 and close to the Blue Line.
- Versatile 7,100 SF warehouse/shop space suitable for light industrial, repair, or service businesses.
- Includes a private parking lot.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,320
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$12.96 /SF/Yr
Avg Asking Price
$5.95–$24 /SF/Yr
Price Range
72,661 SF
Avg Space Size
This space is priced 7% below the average of $12.96 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Warehouse - 7,100 SF warehouse/shop with parking, ideal for various businesses.
Where is this warehouse located?
The property is located at 4224-4228 W Montrose Ave Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Excellent accessibility: Located just 2 minutes from I‑90 and close to the Blue Line.; Versatile 7,100 SF warehouse/shop space suitable for light industrial, repair, or service businesses.; Includes a private parking lot.
