Listing Agency: CBRE | Chicago m***@cbre.com Show Phone

Listed By: Matt Cowie Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 21 Last Checked: Aug 22 at 9:12AM

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Investment Insights

Based on property information with market context.

Available office space is located at Midway Business Center in Chicago. The space can be delivered to tenant specifications. The property features ample parking and professional management. Situated next to Midway International Airport and minutes from I-55, the location offers convenient access. A bus stop is directly in front of the building, and the CTA Orange Line is within walking distance. The property is surrounded by retail amenities and is 10 miles from the Loop. It is located in Chicago's 23rd Ward.

Key Highlights

• Heavy parking available for tenants and visitors.
• Located next door to Midway International Airport for ultimate convenience.
• Minutes to I‑55, providing easy access to the wider city.

Property Analytics

Property Profile

Current Use

Bristol Trucking Trucking Company Iso Aeronautic Training ... University Flying Food Group Take-out & Catering FedEx Drop Box Postal Service Southwest Airlines People ... Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Garden Center Furniture & Home Goods Acupuncture Nursing Home

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

974

Businesses Nearby

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

$29.31 /SF/Yr

Avg Asking Price

$6.8–$133 /SF/Yr

Price Range

13,714 SF

Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019

19.2% 2020

20.7% 2021

23.1% 2022

23.3% 2023

25.1% 2024

25.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent near Midway Airport in Chicago.

Where is this office units located?

The property is located at 5333 South Laramie Avenue Chicago, IL.

What are key features of this property?

This property features: Heavy parking available for tenants and visitors.; Located next door to Midway International Airport for ultimate convenience.; Minutes to I‑55, providing easy access to the wider city.