Industrial Space in Kinzie
For Lease
$12 SF/Yr
701 N Albany Avenue, Chicago, IL 60612
30,000 SF industrial/warehouse space for lease near downtown Chicago.
Space SizeContact for details
Days on Market192
Property Features for 701 N Albany Avenue
General Information
Standard status
Active
Property subtype
COMMERCIAL
Building Details
Year Built
1900
Listing Agency:
Strauss Realty Ltd
Listed By:
Adam Schneiderman · License #475149601
(773) 736-3600
Source:
Harkinsandassociates
Added: Feb 25
Changed: Aug 25
Last Checked: Sep 4 at 9:40AM
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 Strauss Realty Ltd
Investment Insights
Based on property information with market context.
Located in the Kinzie Industrial Corridor, this property offers 30,000 square feet of industrial and warehouse space available for lease. The space is divisible to 10,000 square feet and includes 3 shared docks and 1 drive-in door. The layout features 26,000 square feet of warehouse area, along with 3,000 square feet of office space on both the first and second floors. The ceiling clear height is 17 feet to the truss and 23 feet 10 inches to the roof deck. Situated 5 miles west of downtown Chicago, the location is suitable for storage, warehousing, manufacturing, and distribution purposes. Parking is available.
Key Highlights
- 30,000 SF industrial/warehouse space (divisible to 10,000 SF)
- Located in Kinzie Industrial Corridor, just 5 miles west of downtown Chicago
- Includes 3 shared docks and 1 drive‑in door
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60612, IL
34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$12.87 /SF/Yr
Avg Asking Price
$5.5–$24 /SF/Yr
Price Range
72,418 SF
Avg Space Size
This space is priced 7% below the average of $12.87 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Warehouse - 30,000 SF industrial/warehouse space for lease near downtown Chicago.
Where is this warehouse located?
The property is located at 701 N Albany Avenue Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 30,000 SF industrial/warehouse space (divisible to 10,000 SF); Located in Kinzie Industrial Corridor, just 5 miles west of downtown Chicago; Includes 3 shared docks and 1 drive‑in door
