Industrial Warehouse with Loading
For Lease
$15 SF/Yr
4700 W Montrose Avenue, Chicago, IL 60641
Warehouse space with four docks, three drive-in doors, and ample parking for efficient freight operations.
Property Size46,500 SF
Days on Market58
Property Features for 4700 W Montrose Avenue
General Information
Standard status
Active
Size
46,500 SF
Property subtype
Commercial
Warehouse & Industrial
Clear Height
25 ft
Dock-High Doors
4
Drive-In Doors
3
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1943
Listing Agency:
STRAUSS REALTY LTD
(773) 736-3600
Listed By:
CRAIG WOLF · License #475163046
Source:
Corcoran
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 30 at 6:19AM
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 STRAUSS REALTY LTD
Investment Insights
Based on property information with market context.
Industrial warehouse space totaling 46,500 SF for lease, supported by a 10,000 SF parking lot in the rear. The facility includes four loading docks and three drive-in doors to support a mix of docked and drive-through freight activity. Ceiling heights range from 12' to 25', with the 25' ceiling allocated to a 5,760 SF section, offering additional vertical clearance for higher-bay needs. Electrical service is 800 amps.
The property is located at 4700 W Montrose Avenue in Chicago and is described as being right off I-90/94 for transportation access. Public transit is also nearby, with the Montrose Blue Line noted as a 2-minute walk and Mayfair Metra described as a 4-minute walk.
This configuration is well-suited for tenants looking for a loading-capable industrial layout with both dock positions and drive-in doors, along with interior clearance that can accommodate a range of storage and fulfillment setups. The lease is structured on a NNN basis, with pass-throughs estimated at approximately $4 PSF, which may be an important consideration for budgeting operating costs.
The property is located at 4700 W Montrose Avenue in Chicago and is described as being right off I-90/94 for transportation access. Public transit is also nearby, with the Montrose Blue Line noted as a 2-minute walk and Mayfair Metra described as a 4-minute walk.
This configuration is well-suited for tenants looking for a loading-capable industrial layout with both dock positions and drive-in doors, along with interior clearance that can accommodate a range of storage and fulfillment setups. The lease is structured on a NNN basis, with pass-throughs estimated at approximately $4 PSF, which may be an important consideration for budgeting operating costs.
Key Highlights
- 46,500 SF industrial space for lease with 10,000 SF rear parking lot
- 4 dock doors and 3 drive‑in doors for loading and receiving
- Ceiling heights range from 12' to 25', with 25' height covering a 5,760 SF section
Property Analytics
Property Profile
Current Use
Lease Details
25 ft
Clear height
4
Dock-high doors
3
Drive-in doors
Yes
Heavy power
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,176
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$13.92 /SF/Yr
Avg Asking Price
$4.5–$25 /SF/Yr
Price Range
30,781 SF
Avg Space Size
This space is priced 8% above the average of $13.92 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space with four docks, three drive-in doors, and ample parking for efficient freight operations.
Where is this warehouse located?
The property is located at 4700 W Montrose Avenue Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 46,500 SF industrial space for lease with 10,000 SF rear parking lot; 4 dock doors and 3 drive‑in doors for loading and receiving; Ceiling heights range from 12' to 25', with 25' height covering a 5,760 SF section
