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Two-Story Warehouse with Office
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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 Market123

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
5055 W. Lexington Street $4.15/SF/Yr
Size 53,271 SF
Term Negotiable
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Listing Agency: Cawley Chicago
Listed By: Frank H. Melchert V
Source: Cawleycre
Added: Jun 2 Changed: Sep 30 Last Checked: Oct 1 at 8:55AM

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.

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

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Current Use

Disc Master Inc Auto Repair Shop SR 22 Insurance ... Insurance Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Spa & Massage Center

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

822
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$12.96 /SF/Yr
Avg Asking Price
$5.95–$24 /SF/Yr
Price Range
72,580 SF
Avg Space Size

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?
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 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
More about this property
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