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Flex Space with On-Site Woodshop
For Lease
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5243 W Diversey Ave, Chicago, IL 60639

Versatile flex space with an on-site woodshop and bow truss ceiling system.

Space Size6,250 SF
Days on Market464

Property Features for 5243 W Diversey Ave

General Information

Standard status Active
Size 6,250 SF
Property subtype RETAIL
Lease Type Modified Gross

Site & Location

Neighborhood Cragin

Additional Details

Space Use Flex
Clear Height 12 ft

Spaces For Lease

at 5243 W Diversey Ave
5243 W Diversey Ave $12/SF/Yr
Floor Bldg
Size 6,250 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Versatile 6,250 SF industrial/flex space - 12' bow truss ceilings in excellent condition - Fully equipped woodshop on site - Option to purchase woodshop equipment and supplies
Contact us
Listing Agency: Jameson Commercial
Listed By: Jason P. Hiller · License #475158547
Source: Moodyscre
Added: Jul 23, 2025 Changed: Oct 25 Last Checked: Oct 28 at 7:48AM

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 Jameson Commercial

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Investment Insights

Based on property information with market context.

This versatile flex space offers 6,250 SF of industrial/flex utility, with 12' bow truss ceilings in excellent condition. The space includes a fully equipped woodshop on site, providing practical support for light fabrication and workshop use.

The property is located at 5243 W Diversey Ave in Chicago, IL 60639. If desired, there is an option to purchase the woodshop equipment and supplies, which may help streamline an operational move-in.

Designed to support a range of industrial and flexible needs, the combination of ceiling height and dedicated shop facilities can be useful for tenants seeking an in-place workspace rather than building out from scratch.

Key Highlights

  • 6,250 SF industrial/flex space
  • 12' bow truss ceilings in excellent condition
  • Fully equipped woodshop on site

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Exclusive Hair Studios Barber Shop

Suggested Use

Top Pick Law Firm Acupuncture Garden Center Catering Service Skin Care Clinic Tech Support 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

12 ft
Clear height
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,071
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$18.26 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,264 SF
Avg Space Size

This space is priced 34% below the average of $18.26 /SF/Yr.

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

Similar Off Market Nearby

  • Alltimate Catering — 3051 N Cicero Ave, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Flex space - Versatile flex space with an on-site woodshop and bow truss ceiling system.
Where is this flex space located?
The property is located at 5243 W Diversey Ave Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 6,250 SF industrial/flex space; 12' bow truss ceilings in excellent condition; Fully equipped woodshop on site
(773) 412-3899 Call to check price and availability
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