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Warehouse with Drive-In Loading

4557 S STATE ST, Chicago, IL 60609

For Lease
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Industrial space combines broad warehouse floor area with office space that can be configured to suit operational needs.

Space Size16,500 SF
Days on Market11

Property Features for 4557 S STATE ST

General Information

Standard status Active
Size 16,500 SF
Property subtype Industrial

Site & Location

Neighborhood Near South Side

Spaces For Lease

at 4557 S STATE ST Contact us

Space 1 Active

Size 16,500 SF
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Space 2 Active

Size 16,500 SF
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Listing Agency: Avison Young - Chicago Suburban
Listed By: Steven Kohn · License #IL 475.128678
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 2:35PM

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 Avison Young - Chicago Suburban

Rey
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Investment Insights

Based on property information with market context.

This 37,000-square-foot industrial building includes approximately 35,000 square feet of warehouse area, with office space available for a tenant-specific layout. Built in 1923, it has ceiling heights of approximately 12 to 13 feet and four drive-in doors. The property is zoned C2-2 and lies in a manufacturing district; it is also within the 47th/King TIF District.

The site is approximately 0.4 miles from I-90, 2 miles from Lake Shore Drive, 2.5 miles from I-290, and 3 miles from I-55. Metra service is about 0.6 miles away. Midway Airport is approximately 7 miles from the property, and O’Hare International Airport is roughly 21 miles away.

Key Highlights

  • 37,000 square feet total, including approximately 35,000 square feet of warehouse space
  • Four drive‑in doors
  • Ceiling heights range from approximately 12 to 13 feet

Property Analytics

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

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

1,014
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$12.87 /SF/Yr
Avg Asking Price
$5.95–$24 /SF/Yr
Price Range
74,649 SF
Avg Space Size

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

$13.4 Jul
$12.83 Aug
$13.09 Sep
$12.99 Oct

Properties on Market for Warehouses 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

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial space combines broad warehouse floor area with office space that can be configured to suit operational needs.
Where is this warehouse located?
The property is located at 4557 S STATE ST Chicago, IL.
What are key features of this property?
This property features: 37,000 square feet total, including approximately 35,000 square feet of warehouse space; Four drive‑in doors; Ceiling heights range from approximately 12 to 13 feet
(847) 849-1912 Call to check price and availability
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