Crane-Served Building on Western
For Lease
$5.95 SF/Yr
5301 S Western Blvd, Chicago, IL 60609
Industrial building with heavy power, cranes, and outside storage.
Space SizeContact for details
Days on Market160
Property Features for 5301 S Western Blvd
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
NAI Hiffman | Oakbrook Terrace
(330) 217-5926
Listed By:
Alex Sutterer · License #475166355
(330) 217-5926
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 13 at 4:42AM
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.
Located on Western Blvd, this crane-served building offers 185,873 square feet available for lease. The property features heavy power, four docks, four drive-in doors, and a 32-foot clear height, with 27 feet under the hook. Some outside storage is available. The building has a total size of 249,000 square feet, with a 59,000 square foot mezzanine that is not included in the building square footage. Available suites include Suite 110 (30,000 SF), Suite 130 (49,843 SF), Suite 140 (96,070 SF, divisible to 72,581 SF and 23,489 SF), and Suite 160 (9,960 SF). The property has income in place. It is equipped with four 10-ton cranes and two 5-ton cranes. Zoning is M-2. The 2023 real estate taxes were $308,042, or $1.24 per square foot. The property is located 3.2 miles to I-55 via Western Avenue and 3.2 miles to I-90 via 51st Street, 3.7 miles to Midway International Airport, and 5.8 miles south of Chicago Business District. The alderman for the ward is Stephanie Coleman.
Key Highlights
- Heavy power and crane served building with (4) 10‑ton and (2) 5‑ton cranes.
- 32’ clear height (27’ under hook) suitable for various industrial uses.
- Available for lease with income in place, ideal for investors or tenants.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.89 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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 56% below the average of $13.67 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Extra Space Storage — 5921 S Western Ave, Chicago, IL 60636
- American Self-Storage LLC — 5509 S Oakley Ave, Chicago, IL 60636
- Talman Cold Storage — 4725 S Talman Ave, Chicago, IL 60632
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with heavy power, cranes, and outside storage.
Where is this warehouse located?
The property is located at 5301 S Western Blvd Chicago, IL.
What is the lease rate?
The lease rate is $5.95 SF/Yr.
What are key features of this property?
This property features: Heavy power and crane served building with (4) 10‑ton and (2) 5‑ton cranes.; 32’ clear height (27’ under hook) suitable for various industrial uses.; Available for lease with income in place, ideal for investors or tenants.
