Industrial Flex Space with
New
For Lease
$10 SF/Yr
4500 West Chicago Avenue, Chicago, IL 60651
Sublease opportunity includes loading access, secured operations, and a dedicated customer pickup and office component.
Space Size35,000 SF
Days on Market2
Property Features for 4500 West Chicago Avenue
General Information
Standard status
Active
Size
35,000 SF
Net Rentable
35,000 SF
Total Parking Spaces
29
Property subtype
Industrial
Space & Availability
Available Space
35,000 SF
Contiguous Space
35,000 SF
Sublease
Yes
Warehouse & Industrial
Clear Height
20 ft
Office Build-Out
2,500 SF
Dock-High Doors
1
Drive-In Doors
1
Column Spacing
40.5 x 23.5 ft
Amenities
24-hour on site security
Listed By:
Larry Goldwasser, SIOR
(312) 334-7201
Source:
Cbre
Added: Sep 2
Last Checked: Sep 2 at 2:02PM
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 Larry Goldwasser, SIOR
Investment Insights
Based on property information with market context.
This 35,000 SF flex space is offered for sublease with 20-foot clear height, 40′6″ by 23′6″ column spacing, one exterior dock, one drive-in door, and 29 parking spaces. The property also includes a 2,500 SF will-call, customer pickup, and office area, described as new/existing in the listing details.
On-site security operates 24 hours, supporting ongoing warehouse and distribution activity. The current sublease term runs through January 31, 2030, with potential for a direct or longer-term arrangement.
On-site security operates 24 hours, supporting ongoing warehouse and distribution activity. The current sublease term runs through January 31, 2030, with potential for a direct or longer-term arrangement.
Key Highlights
- 35,000 SF available for sublease
- 20' clear height with 40′6″ x 23′6″ column spacing
- 1 exterior dock and 1 drive in door
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
1
Dock-high doors
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$16.84 /SF/Yr
Avg Asking Price
$8–$32 /SF/Yr
Price Range
24,528 SF
Avg Space Size
This space is priced 41% below the average of $16.84 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Flex space - Sublease opportunity includes loading access, secured operations, and a dedicated customer pickup and office component.
Where is this flex space located?
The property is located at 4500 West Chicago Avenue Chicago, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 35,000 SF available for sublease; 20' clear height with 40′6″ x 23′6″ column spacing; 1 exterior dock and 1 drive in door
