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Versatile Warehouse/Shop with Parking
For Lease
$13 SF/Yr

4224-4228 W Montrose Avenue, Chicago, IL 60641

7,100 SF warehouse/shop with parking, ideal for various businesses.

Space SizeContact for details
Days on Market398

Property Features for 4224-4228 W Montrose Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1959
Listing Agency: STRAUSS REALTY LTD
Listed By: DALE STRAUSS · License #471007335
Source: Corcoran
Added: Jul 21, 2025 Changed: Aug 21 Last Checked: Aug 22 at 6:54AM

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

Current Use

Warehouses

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Hotel & Motel Butcher Bed & Breakfast Florist

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,320
Businesses Nearby
Balanced
Demand for This Use

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

Market

Lease Benchmarks for Chicago, IL

$13.23 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
68,898 SF
Avg Space Size

This space is priced 2% below the average of $13.23 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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 Avenue Chicago, IL.
What is the lease rate?
The lease rate is $13 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.
More about this property
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