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Clear-Span Flex Space Building
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4677 N Elston Ave, Chicago, IL 60630

Two-section flex space building with clear-span area, office/warehouse space, and dedicated 52-car parking lot.

Property Size35,000 SF
Lot Size0.99 Acres
Days on Market9

Property Features for 4677 N Elston Ave

General Information

Standard status Active
Size 35,000 SF
Net Rentable 35,000 SF
Total Parking Spaces 52
Lot size 0.99 Acres
Property subtype Retail, Office, Industrial, Special Purpose
Zoning B1-1

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 22 ft
Clear Span Yes

Additional Details

Available Space 35,000 SF

Building Details

Building Size 35,000 SF
Tenancy Multi
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Sean Mason · License #IL 475177628
Source: Crexi
Added: Jul 22 Changed: Jul 29 Last Checked: Jul 29 at 3:57PM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

4677 N Elston is a two-section flex space building totaling 35,000 SF on nearly an acre in Chicago. The main section is 25,000 SF over two floors and includes 8,000 SF of clear-span space with a 22-foot clear ceiling height. The second, separate section has an entrance on Lowell and includes a 4,000 SF warehouse on the first floor and 4,000 SF of office space on the second floor. The property also features a 52-car dedicated parking lot adjacent to the building.

The site has 160 feet of frontage on Elston Avenue and is located minutes from I-90/94, providing access and visibility along Chicago’s Elston corridor. Flexible B1-1 zoning supports a wide range of as-of-right uses, including sports and recreation, retail, medical offices, creative studios, light industrial, and showroom space.

Two leases are currently in place. The main section lease is a modified gross structure with more than eight years remaining, through April 30, 2034, and the remaining term is corporately guaranteed by Fitness International (parent company of LA Fitness). The Lowell section lease is a gross structure with two years remaining, through November 30, 2028, and ownership is open to exploring early termination options in coordination with a buyer’s objectives.

Key Highlights

  • 35,000 SF flex space building on nearly an acre
  • Main section: 25,000 SF over two floors with 8,000 SF clear‑span
  • 22‑foot clear ceiling height in the main clear‑span area

Property Analytics

Current Use

XSport Fitness Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bed & Breakfast Butcher Florist Nursing Home Computer & Electronic Repair

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

22 ft
Clear height
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,940
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$70.18 /SF/Yr
Avg Asking Price
$4.5–$141 /SF/Yr
Price Range
4,230 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-section flex space building with clear-span area, office/warehouse space, and dedicated 52-car parking lot.
Where is this flex space located?
The property is located at 4677 N Elston Ave Chicago, IL.
What are key features of this property?
This property features: 35,000 SF flex space building on nearly an acre; Main section: 25,000 SF over two floors with 8,000 SF clear‑span; 22‑foot clear ceiling height in the main clear‑span area
(773) 327-9300 Call to check price and availability
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