4500 W Chicago Ave, Chicago, IL — Lease in Chicago, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Chicago, IL 60651
Photos
Description
35,000 SF Industrial Facility Available for Sublease 35,000 SF available for sublease with 20' clear height, 40’6” x 23’6” column spacing, 1 exterior dock, 1 drive in door, and 29 car parking. Property features 24-hour on site security, 2,500 SF new/existing will call/customer pick-up/office area, and sublease through January 31, 2030 with potential for direct/longer term.
Market Context
This industrial in Chicago, IL is listed for lease. Compare it against other industrial listings for lease in Chicago, IL — view the full market.
As of Q2 2026, the Chicago industrial market showed a 5.3% vacancy rate, and rents up 7.4% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Industrial market FAQ
- Is the Chicago industrial market tightening or softening?
- Vacancy is around 5.3%, with asking rents rising year over year (Q2 2026).
Estimated Market Rate
$0.52/SF/mo – $0.71/SF/mo
Mid: $0.62/SF/mo
Based on comparable properties in similar markets rather than local sales.
First seen on CREHunt: Sep 23, 2026
Contact
- Larry Goldwasser, SIOR · 312 334 7201 · larry.goldwasser@cbre.com
- Matt Cowie · 312 334 7203 · matt.cowie@cbre.com
- John Marks · 312 334 7204 · john.marks@cbre.com
Explore this market
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