K-Town Business Center, Phase II — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Chicago, IL 60644

Description

Newly constructed 73,444 SF space, divisible by 1/2. Located in the North Lawndale neighborhood, 24th ward. 33' clear height, power 3000a, 480v. Roof TPO, ESFR (1,500 GPM). 130 car parking located in a secured lot to the west (fully lit and secured lot); 6+ trailer parking (can be increased depending on the number of spots needed for paring). For more information, please contact Mike Conway 815.529.7100 or Jackie Shropshire 312.228.3247.

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: Oct 11, 2026

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