Two-Story Warehouse with
For Lease
$5.50 SF/Yr
5055 W Lexington Street, Chicago, IL 60644
Two-story warehouse space includes a 1,923 SF office, two shared interior docks, and a drive-in door.
Space Size53,271 SF
Property Size90,444 SF
Days on Market72
Property Features for 5055 W Lexington Street
General Information
Standard status
Active
Size
53,271 SF
Property subtype
Industrial
Lease Term
Net
Building Details
Building Size
90,444 SF
Spaces For Lease
at 5055 W Lexington Street Contact us- Size
- 53,271 SF
- Term
- Negotiable
5055 W. Lexington Street $5.50/SF/Yr
Listing Agency:
Cawley Chicago
(312) 208-1561
Listed By:
Frank H. Melchert V · License #IL 475159036
(312) 208-1561
Source:
Cawleycre
Added: Jun 2
Changed: Aug 11
Last Checked: Aug 12 at 4:55AM
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 Cawley Chicago
Investment Insights
Based on property information with market context.
This two-story warehouse facility offers large bulk storage with an on-site office component. The west unit includes 53,271 SF on the first floor and 39,236 SF on the second floor, along with a 1,923 SF office. Loading amenities include two interior docks (shared) and one drive-in door, with ceiling heights of 14'8" on the first floor and 12'3" on the second floor. The warehouse is equipped with a wet sprinkler system and hanging gas-forced heaters, while the office is served by AC. Parking is available for 30 cars, and the property also includes outside storage and a freight elevator.
The property is located at 5055 W. Lexington Street in Chicago and provides ±200,000 VPD via I-290 visibility with quick access to expressways and major roads.
The property is located at 5055 W. Lexington Street in Chicago and provides ±200,000 VPD via I-290 visibility with quick access to expressways and major roads.
Key Highlights
- Two‑story west unit totaling 53,271 SF first floor plus 39,236 SF second floor
- Includes a 1,923 SF office with AC
- Loading amenities include 2 shared interior docks and 1 drive‑in door
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Balanced
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
$13.67 /SF/Yr
Avg Asking Price
$4.5–$25 /SF/Yr
Price Range
67,939 SF
Avg Space Size
This space is priced 60% below the average of $13.67 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-story warehouse space includes a 1,923 SF office, two shared interior docks, and a drive-in door.
Where is this warehouse located?
The property is located at 5055 W Lexington Street Chicago, IL.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Two‑story west unit totaling 53,271 SF first floor plus 39,236 SF second floor; Includes a 1,923 SF office with AC; Loading amenities include 2 shared interior docks and 1 drive‑in door
