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Industrial Space with Rail Access
For Lease
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4700 Proviso Drive, Melrose Park, IL 60163

Industrial property for lease with active rail access.

Space SizeContact for details
Days on Market271

Property Features for 4700 Proviso Drive

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Chicago
Listed By: Jason Lev
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 20 at 4:30AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

Available for lease is an industrial property offering spaces ranging from 155,000 square feet to 624,672 square feet. The property features active dual rail access with Union Pacific. It is located at the corner of Proviso Drive and Mannheim Road (Route 45).

Key Highlights

  • 624,672 SF available for lease.
  • Active dual rail with Union Pacific.
  • 155,000 SF available for lease.

Property Analytics

Current Use

Grand Warehouse Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Skin Care Clinic Gym & Fitness 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60163, IL

5,285
Population
2,039
Households
2.6
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
1.3 sq mi
ZIP Area
4,065
Density / Sq Mi
$83,176
Median Household Income
$53,830
Median Earnings
$1,292
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Melrose Self Storage 3717 W Lake St, Melrose Park, IL 60160
  • Grand Warehouse 5600 Proviso Dr, Berkeley, IL 60163
  • Self-Storage at U-Haul 435 Mannheim Rd, Bellwood, IL 60104
  • Diversified Entities, LLC 5000 West Proviso Dr Unit #2, Melrose Park, IL 60163
  • Metro Self Storage - Northlake 60 Lake St, Northlake, IL 60164

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial property for lease with active rail access.
Where is this warehouse located?
The property is located at 4700 Proviso Drive Melrose Park, IL.
What are key features of this property?
This property features: 624,672 SF available for lease.; Active dual rail with Union Pacific.; 155,000 SF available for lease.
More about this property
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