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Flex Industrial Space For Lease
For Lease
$26.23 SF/Yr

5860 North Northwest Highway, Chicago, IL 60631

For-lease flex and industrial commercial real estate in Chicago, Illinois.

Space Size732 SF
Property Size11,127 SF
Days on Market38

Property Features for 5860 North Northwest Highway

General Information

Standard status Active
Size 732 SF
Property subtype Industrial

Building Details

Building Size 11,127 SF
Year Built 1955
Stories 1

Spaces For Lease

at 5860 North Northwest Highway Contact us

5864 N Northwest Hwy $26.23/SF/Yr

Size
732 SF
Type
Industrial
Lease Type
Modified Gross
Sublease
No
Build Type
Full build out
Contact us
Listing Agency: Keller Williams Realty Partners
Listed By: David Piotrowski · License #475155906
Source: Commercialcafe
Added: Jul 20 Changed: Aug 8 Last Checked: Aug 26 at 5:27AM

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 Keller Williams Realty Partners

Investment Insights

Based on property information with market context.

This property offers flex space and industrial commercial real estate available for lease. It is suitable for a range of flexible operating needs where an industrial-leaning setup is desired.

The address is 5860 North Northwest Highway in Chicago, Illinois 60631. Availability and terms are subject to confirmation with the listing team.

Key Highlights

  • 1955 construction year
  • For‑lease flex and industrial commercial real estate
  • Chicago, Illinois

Property Analytics

Current Use

Trophy & Awards, Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Auto Parts 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60631, IL

29,691
Population
12,757
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
96%
High-School Grad
3.7 sq mi
ZIP Area
8,025
Density / Sq Mi
$117,688
Median Household Income
$70,295
Median Earnings
$1,604
Median Rent
$431,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$17.57 /SF/Yr
Avg Asking Price
$5.5–$36 /SF/Yr
Price Range
23,708 SF
Avg Space Size

This space is priced 49% above the average of $17.57 /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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Inspired Catering and Events 6075 N Milwaukee Ave, Chicago, IL 60646

Frequently Asked Questions

What type of property is this?
Flex space - For-lease flex and industrial commercial real estate in Chicago, Illinois.
Where is this flex space located?
The property is located at 5860 North Northwest Highway Chicago, IL.
What is the lease rate?
The lease rate is $26.23 SF/Yr.
What are key features of this property?
This property features: 1955 construction year; For‑lease flex and industrial commercial real estate; Chicago, Illinois
More about this property
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