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Industrial Warehouse Space Available
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5012 West 123rd Street, Alsip, IL 60803

Industrial warehouse space available for lease.

Space SizeContact for details
Days on Market336

Property Features for 5012 West 123rd Street

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Oak Brook
Listed By: Clayton Thorson
Source: Cbre
Added: Nov 22, 2025 Changed: Oct 23 Last Checked: Oct 24 at 4:31PM

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 | Oak Brook

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Investment Insights

Based on property information with market context.

This industrial property offers warehouse space for rent. The property provides a total area of 45534 square feet and is located in Alsip, Illinois.

Key Highlights

  • Industrial warehouse space
  • Available for lease

Property Analytics

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Open Analytics

Current Use

Bullpen Sports Gym & Fitness Center Funtastic Gymnastic Therapy Gym & Fitness Center 3D School of Gymnastics Gym & Fitness Center

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Nail Salon Hair Salon

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

595
Businesses Nearby

Demographics for 60803, IL

22,189
Population
9,563
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
2,845
Density / Sq Mi
$66,555
Median Household Income
$42,245
Median Earnings
$1,113
Median Rent
$200,600
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 Alsip, IL

$16.89 /SF/Yr
Avg Asking Price
$5.95–$33 /SF/Yr
Price Range
58,046 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

Frequently Asked Questions

What type of property is this?
Industrial property - Industrial warehouse space available for lease.
Where is this industrial property located?
The property is located at 5012 West 123rd Street Alsip, IL.
What are key features of this property?
This property features: Industrial warehouse space; Available for lease
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