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Two-Story Flex Building

4542 W CERMAK RD, Chicago, IL 60623

For Lease
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Vacant space combines warehouse capacity with dedicated administrative offices and M2-3 zoning.

Space Size18,000 SF
Days on Market12

Property Features for 4542 W CERMAK RD

General Information

Standard status Active
Size 18,000 SF
Net Rentable 18,000 SF
Property subtype Industrial
Zoning M2-3
Lease Type NNN

Space & Availability

Available Space 18,000 SF
Contiguous Space 18,000 SF

Lease Terms

Lease Rate $9 /SF/YR
Monthly Rent $13,500
Rent per SF/Year $9

Site & Location

Neighborhood South Lawndale

Warehouse & Industrial

Clear Height 14 ft
Office Build-Out 1,800 SF
Drive-In Doors 2
Power 400 amps
Three-Phase Power Yes
Sprinkler System Yes

Building Details

Stories 2
Building Size 18,000 SF
Construction brick

Spaces For Lease

at 4542 W CERMAK RD
Space 1 Active
Size 18,000 SF
Contact us
Listing Agency: KW Commercial Chicago - Lincoln Park
Listed By: Travis Montgomery · License #IL 475184338
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 5:17PM

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 KW Commercial Chicago - Lincoln Park

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story flex property offers 18,000 square feet of building area, including 1,800 square feet of office space alongside warehouse space. The brick building is vacant and includes two grade-level drive-in doors, 14-foot warehouse clear height, 400-amp three-phase electrical service, and a wet sprinkler system. M2-3 zoning applies; uses are subject to applicable approvals.

The property is on W Cermak Road in Chicago. Its office and warehouse areas are housed within one building, with drive-in access and the listed electrical and fire-protection systems in place.

Key Highlights

  • 18,000‑square‑foot, two‑story building with brick exterior
  • 1,800 square feet of office space
  • Two grade‑level drive‑in doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center Skin Care Clinic Storage Facility

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

14 ft
Clear height
2
Drive-in doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$17.91 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,550 SF
Avg Space Size

This space is priced 50% below the average of $17.91 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Chicago, IL

$16.54 Jul
$17.2 Aug
$18.22 Sep
$18.06 Oct

Properties on Market for Flex space in Chicago

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Vitality Food Services — 1823 S Kilbourn Ave, Chicago, IL 60623

Frequently Asked Questions

What type of property is this?
Flex space - Vacant space combines warehouse capacity with dedicated administrative offices and M2-3 zoning.
Where is this flex space located?
The property is located at 4542 W CERMAK RD Chicago, IL.
What are key features of this property?
This property features: 18,000‑square‑foot, two‑story building with brick exterior; 1,800 square feet of office space; Two grade‑level drive‑in doors
(773) 946-8816 · Office Call to check price and availability
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