5860 NW HWy — Lease in Chicago, IL

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

Description

Flexible office and industrial suites available in Chicago's Norwood Park neighborhood. This multi-tenant commercial property offers move-in ready spaces ideal for office users, contractors, service businesses, light industrial operations, and warehouse users seeking a convenient Northwest Side location. The property features M1-1 zoning, ample on-site parking, a drive-in door, and 800-amp, 3-phase electrical service to accommodate a variety of commercial operations. Positioned on Northwest Highway with approximately 100 feet of frontage, the property provides excellent visibility and convenient access to I-90, I-94, O'Hare International Airport, Metra, and CTA bus service. Whether you're expanding your business, relocating operations, or seeking flexible industrial or office space, this property offers practical layouts and excellent accessibility in an established commercial corridor. 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. It has been on the market for 24 days. Compare it against other industrial listings for lease in Chicago, IL — view the full market.

As of Q1 2026, the Chicago industrial market showed rents up 4.3% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Estimated Market Rate

$2.41/SF/mo – $3.26/SF/mo

Mid: $2.84/SF/mo

Estimated total for 11,127 SF: $31,601 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

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

Contact

Explore this market

Similar Industrial Property for Lease in Chicago, IL