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Gravel Parking Yard for Fleet Storage
For Lease
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5029 West Lake Street, Chicago, IL 60644

Leasing off-street vehicle parking in a graded, gravel-covered yard suitable for contractors and fleet operators.

Space SizeContact for details
Days on Market72

Property Features for 5029 West Lake Street

General Information

Standard status Active
Property subtype Industrial, Land, Special Purpose
Zoning PMD-9

Building Details

Tenancy Multiple

Spaces For Lease

at 5029 West Lake Street Contact us

Space 1

Type
Industrial, Land, Special Purpose
Availability
Active
Contact us
Listing Agency: Chicago Handshake LLC
Listed By: Arden Fowler · License #IL
Source: Crexi
Added: Jun 10 Changed: Aug 15 Last Checked: Aug 20 at 5:57AM

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 Handshake LLC

Investment Insights

Based on property information with market context.

This offering is a commercial vehicle parking yard designed for off-street storage and fleet use. The site is comprised of 11 city lots and provides a functional, low-maintenance surface that has been graded, leveled, and covered with gravel for vehicle and equipment placement.

The property is located at 5029 West Lake Street in Chicago, Illinois, and it operates under PMD-9 zoning. The configuration supports flexible occupancy, with divisible spaces available so tenants can lease the entire site or only a portion depending on operational needs.

The yard is well-suited for contractors, fleet operators, trucking-related businesses, and equipment storage users seeking off-street parking and staging. The property is offered under a modified gross lease structure, with flexible leasing options indicated as available. For a complete review of permitted uses and zoning-specific details, contact the listing agent regarding PMD-9 requirements and availability.

Key Highlights

  • Approximately 35,000 SF off‑street commercial vehicle parking yard for lease
  • 11 contiguous city lots; divisible spaces available for partial‑site leasing
  • Graded, leveled, and gravel‑covered surface for low‑maintenance vehicle and equipment storage

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Leasing off-street vehicle parking in a graded, gravel-covered yard suitable for contractors and fleet operators.
Where is this industrial land located?
The property is located at 5029 West Lake Street Chicago, IL.
What are key features of this property?
This property features: Approximately 35,000 SF off‑street commercial vehicle parking yard for lease; 11 contiguous city lots; divisible spaces available for partial‑site leasing; Graded, leveled, and gravel‑covered surface for low‑maintenance vehicle and equipment storage
(773) 425-2113 Call to check price and availability
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