5860 NW HWy — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Chicago, IL 60631
  • Submarket: Northern Cook County
  • Size: 11,127 SF
  • Year built: 1955

Photos

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Description

Building SF: 11127 | Land Size: 12250.0 SF | Year Built: 1955 | Listing Type: FOR LEASE

Market Context

This industrial in Chicago, IL is listed for lease across 11,127 SF. The building dates to 1955. 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

Estimated total for 11,127 SF: $6,899 per month

Based on comparable properties in similar markets rather than local sales.

By our match to nearby addresses in brokers' reports, this property is in the Northern Cook County submarket, where average warehouse/distribution asking rent was $8.69/SF/yr in Cushman & Wakefield's Q1 2026 report.

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