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Industrial Warehouse with Multiple Cranes
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5241-5323 S Western Ave, Chicago, IL 60609

Industrial warehouse zoned M-2 with multiple cranes and divisible suites for flexible manufacturing and logistics uses.

Property Size249,000 SF
Days on Market504

Property Features for 5241-5323 S Western Ave

General Information

Standard status Active
Size 249,000 SF
Property subtype INDUSTRIAL
Zoning M-2

Additional Details

Mezzanine 59,000 SF

Building Details

Building Size 249,000 SF
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Alex Sutterer · License #475166355
Source: Moodyscre
Added: Apr 1, 2025 Changed: Aug 8 Last Checked: Aug 17 at 7:16AM

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 NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This industrial warehouse offers flexible space configuration within a 249,000 SF building, with available suites including 30,000 SF (Suite 110), 49,843 SF (Suite 130), 96,070 SF divisible to 72,581 SF and 23,489 SF (Suite 140), and 9,960 SF (Suite 160). The property also features a 59,000 SF mezzanine, which is not included in the building SF. Existing income is in place and available financial details can be provided upon request.

Material handling is supported by (4) 10-ton cranes, (2) 5-ton cranes, and 27’ under the hook. The facility is zoned M-2.

For tenants seeking industrial space with meaningful crane capacity and suite divisibility, the mix of available areas and on-site lifting capability can support a range of manufacturing and warehouse operations.

Key Highlights

  • Zoned M‑2 industrial warehouse with available suites: 30,000 SF, 49,843 SF, 96,070 SF (div. to 72,581 SF & 23,489 SF), and 9,960 SF
  • 249,000 SF building with 59,000 SF mezzanine (not included in building SF)
  • Cranes include (4) 10‑ton and (2) 5‑ton

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Garden Center Catering Service (Bike/Boat/Book/etc) Store HVAC Service Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

2,509
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
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?
Manufacturing property - Industrial warehouse zoned M-2 with multiple cranes and divisible suites for flexible manufacturing and logistics uses.
Where is this manufacturing property located?
The property is located at 5241-5323 S Western Ave Chicago, IL.
What are key features of this property?
This property features: Zoned M‑2 industrial warehouse with available suites: 30,000 SF, 49,843 SF, 96,070 SF (div. to 72,581 SF & 23,489 SF), and 9,960 SF; 249,000 SF building with 59,000 SF mezzanine (not included in building SF); Cranes include (4) 10‑ton and (2) 5‑ton
(630) 693-0644 Call to check price and availability
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