Chicago Industrial Space Near
For Lease
Contact for pricing
5230 South Cicero Avenue, Chicago, IL 60638
710,245 SF industrial space near Midway Airport.
Space SizeContact for details
Days on Market273
Property Features for 5230 South Cicero Avenue
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
CBRE | Chicago
(312) 334-7202
Listed By:
Colin Green, SIOR
(312) 334-7202
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 8
Last Checked: Aug 21 at 7:12AM
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 | Chicago
Investment Insights
Based on property information with market context.
Available for lease is a 710,245 square foot industrial space, divisible to 77,120 square feet, located within Midway Business Center. The space includes approximately 1,404 square feet of existing office space. It features an 18'0" clear ceiling height, 102 exterior docks, and bay sizes of 40' x 40' and 40' x 34'. Parking is available with 200 car spots, expandable to 350, and 75 trailer stalls. A sprinkler system is in place. The building is professionally managed. The property is located next to Midway International Airport and minutes from I-55. A bus stop is directly in front of the building, and it is within walking distance to the CTA Orange Line stop. The location is surrounded by retail amenities and is 10 miles from the Loop. The property is located in Chicago's 23rd Ward and is zoned M2-1.
Key Highlights
- 710,245 SF industrial space, divisible to 77,120 SF
- Prime location next to Midway International Airport and minutes from I‑55
- Features 102 exterior docks and 75 trailer stalls
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60638, IL
56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$13.23 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
68,898 SF
Avg Space Size
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Warehouse - 710,245 SF industrial space near Midway Airport.
Where is this warehouse located?
The property is located at 5230 South Cicero Avenue Chicago, IL.
What are key features of this property?
This property features: 710,245 SF industrial space, divisible to 77,120 SF; Prime location next to Midway International Airport and minutes from I‑55; Features 102 exterior docks and 75 trailer stalls
