Flex Space with Overhead
For Lease
$13 SF/Yr
Pending
5032 W Madison Street Unit C, Chicago, IL 60644
Newly remodeled flex space with high ceilings, large overhead doors, and heated functionality.
Space Size2,400 SF
Days on Market142
Property Features for 5032 W Madison Street Unit C
General Information
Standard status
Pending
Size
2,400 SF
Net Rentable
2,400 SF
Property subtype
COMMERCIAL
Space & Availability
Available Space
2,400 SF
Contiguous Space
2,400 SF
Space Use
Industrial
Available From
Immediate
Additional Details
Outdoor Storage
Yes
Amenities
High ceiling height
Overhead doors
Heated space
Hot water heater
Studio living space with bathroom
Building Details
Year Built
1920
Listing Agency:
@properties Christie's International Real Estate
(773) 631-8300
Listed By:
Jonie Montalbano · License #471016795
Source:
Harkinsandassociates
Added: Mar 25
Changed: Aug 12
Last Checked: Aug 12 at 2:55PM
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 @properties Christie's International Real Estate
Investment Insights
Based on property information with market context.
Newly remodeled flex space offering approximately 2,400 square feet with a high ceiling height. The layout includes a studio living space with a bathroom, along with heated space and a hot water heater included. Large overhead doors support loading and service access, and the property also provides access to a large yard or outdoor space if needed.
The space is suited for multiple operational uses, including an auto mechanic shop or storage, and is described as available immediately. The building was constructed in 1920.
In addition to the indoor heated work area, the included outdoor space can support equipment staging or other site-based needs depending on the intended use.
The space is suited for multiple operational uses, including an auto mechanic shop or storage, and is described as available immediately. The building was constructed in 1920.
In addition to the indoor heated work area, the included outdoor space can support equipment staging or other site-based needs depending on the intended use.
Key Highlights
- Approximately 2,400 square feet with high ceiling height
- Large overhead doors for loading and service access
- Newly remodeled interior
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Chicago, IL
$16.23 /SF/Yr
Avg Asking Price
$4.5–$34 /SF/Yr
Price Range
24,103 SF
Avg Space Size
This space is priced 20% below the average of $16.23 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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Similar Off Market Nearby
- UGONDA 'S TASTY TREATS — 422 N Lawler Ave, Chicago, IL 60644
- Taurus Express & Catering — 5333 W Madison St, Chicago, IL 60644
Frequently Asked Questions
What type of property is this?
Flex space - Newly remodeled flex space with high ceilings, large overhead doors, and heated functionality.
Where is this flex space located?
The property is located at 5032 W Madison Street Unit C Chicago, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Approximately 2,400 square feet with high ceiling height; Large overhead doors for loading and service access; Newly remodeled interior
