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Industrial Land with Manufacturing Zoning
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4501-4545 W Augusta Blvd, Chicago, IL 60651

Large industrial land holding with PMD-9 and R-3 zoning designations in Chicago.

Property Size654,429 SF
Days on Market14

Property Features for 4501-4545 W Augusta Blvd

General Information

Standard status Active
Size 654,429 SF
Class B
Property subtype Industrial, Land
Zoning PMD-9 (Planned Manufacturing District), R-3 (Residential)
Occupancy 100%
Lease Type Modified Gross
Investment Type Stabilized

Building Details

Year Built 1937
Year Renovated 2025
Buildings 3
Units 5
Tenancy Multi
Listing Agency: Op2mize LLC
Listed By: Geoffrey Kasselman, SIOR, LEED AP · License #471.000427
Source: Crexi
Added: Jul 29 Changed: Aug 10 Last Checked: Aug 10 at 2:32AM

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 Op2mize LLC

Investment Insights

Based on property information with market context.

This industrial land property encompasses 17.5 acres at 4501-4545 W. Augusta Blvd in Chicago. The site carries two zoning designations: PMD-9, or Planned Manufacturing District, and R-3 residential zoning.

The property is identified as an industrial campus and is located in the 60651 ZIP code. The offering is available for sale, with additional materials provided through a confidential offering memorandum subject to NDA execution.

Key Highlights

  • 17.5‑acre industrial land property
  • PMD‑9 Planned Manufacturing District zoning
  • R‑3 residential zoning also applies

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

924
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Industrial land - Large industrial land holding with PMD-9 and R-3 zoning designations in Chicago.
Where is this industrial land located?
The property is located at 4501-4545 W Augusta Blvd Chicago, IL.
What are key features of this property?
This property features: 17.5‑acre industrial land property; PMD‑9 Planned Manufacturing District zoning; R‑3 residential zoning also applies
More about this property
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