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Freestanding Flex Building
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4851 West 115th Street, Alsip, IL 60658

Enterprise zone facility with separate metering supporting potential multi-tenant occupancy.

Space Size5,100 SF
Property Size23,663 SF
Days on Market2

Property Features for 4851 West 115th Street

General Information

Standard status Active
Size 5,100 SF
Property subtype Industrial - Flex - Office

Amenities

45,000 lb leveler

Building Details

Building Size 23,663 SF
Year Built 1988
Stories 1

Spaces For Lease

at 4851 West 115th Street Contact us

Partial Building

Floor
1
Size
5,100 SF
Type
Flex - Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listed By: Connor Niego
Source: Commercialcafe
Added: Sep 1 Last Checked: Sep 2 at 1:13PM

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 Connor Niego

Investment Insights

Based on property information with market context.

This freestanding flex space was built in 1988 and is configured to support potential occupancy by three tenants. Separate metering provides distinct utility measurement for the building’s tenant layout. The facility also includes a 45,000 lb leveler and a membrane roof with warranty coverage through 2016.

Located at 4851 West 115th Street in Alsip, Illinois, the property sits within an enterprise zone and is available for lease.

Key Highlights

  • Freestanding flex facility in an enterprise zone
  • Separate metering for potential 3‑tenant configuration
  • 45,000 lb leveler

Property Analytics

Current Use

Kt Advancetec Inc Factory

Suggested Use

Top Pick Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Pharmacy

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

377
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Alsip, IL

$17.08 /SF/Yr
Avg Asking Price
$8–$32 /SF/Yr
Price Range
25,246 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Flex space - Enterprise zone facility with separate metering supporting potential multi-tenant occupancy.
Where is this flex space located?
The property is located at 4851 West 115th Street Alsip, IL.
What are key features of this property?
This property features: Freestanding flex facility in an enterprise zone; Separate metering for potential 3‑tenant configuration; 45,000 lb leveler
More about this property
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