Building Details

Year Built 1966

Year Renovated 2025

Buildings 1

Stories 1

Units 1

Tenancy Single

Listing Agency: Cushman & Wakefield - Rosemont, Illinois Show Phone

Listed By: Steve Stone · License #IL 471012534

Source: Crexi

Added: Jul 21 Changed: Aug 29 Last Checked: Aug 30 at 7:45PM

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Investment Insights

Based on property information with market context.

This industrial property encompasses 20,000 square feet and was constructed in 1966. The asset is located at 7050 N Lehigh Ave in Chicago, Illinois.

The property is identified as eligible for the 6B program, providing a specific tax-incentive consideration for prospective ownership.

Key Highlights

• 20,000‑square‑foot industrial property
• Constructed in 1966
• Located at 7050 N Lehigh Ave, Chicago, IL

Property Analytics

Property Profile

Current Use

Bornquist, Inc. Big Box & Wholesale Store

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Catering Service Plumbing Service Travel Agency Grocery & Convenience 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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

910

Businesses Nearby

Explore this area Business Placement

Demographics for 60646, IL

28,383

Population

11,636

Households

2.4

Avg Household Size

44

Median Age

58%

College-Educated

95%

High-School Grad

4.4 sq mi

ZIP Area

6,451

Density / Sq Mi

$111,115

Median Household Income

$66,105

Median Earnings

$1,241

Median Rent

$493,600

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Industrial property - Existing industrial asset with a 1966 construction date in Chicago.

Where is this industrial property located?

The property is located at 7050 N LEHIGH AVE Chicago, IL.

What are key features of this property?

This property features: 20,000‑square‑foot industrial property; Constructed in 1966; Located at 7050 N Lehigh Ave, Chicago, IL