Melrose Park Distribution Center with Active Union… — Lease in Melrose Park, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Melrose Park, IL 60163
  • Submarket: Western Cook County

Photos

Melrose Park Distribution Center with Active Union… — Lease in Melrose Park, IL, photo 1 of 7
Melrose Park Distribution Center with Active Union… — Lease in Melrose Park, IL, photo 2 of 7
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Melrose Park Distribution Center with Active Union… — Lease in Melrose Park, IL, photo 7 of 7

Description

624,672 SF Industrial For Lease with Active Rail in Melrose Park, IL 155,000 SF to 624,672 SF available for lease with active dual rail with Union Pacific

Market Context

This industrial in Melrose Park, IL is listed for lease. Compare it against other industrial listings for lease in Melrose Park, 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).

By our match to nearby addresses in brokers' reports, this property is in the Western Cook County submarket, where average warehouse/distribution asking rent was $6.71/SF/yr in Cushman & Wakefield's Q1 2026 report.

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