Midway Business Center — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Chicago, IL 60638

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Description

547,455 SF (divisible to 78,400 SF) Industrial Space Available at Midway Business Center in Chicago 547,455 SF (divisible to 78,400 SF) industrial space available at Midway Business Center at 5230 S Cicero Ave. The space features office space to suit, 18'0" clear ceiling, 75 exterior docks, 40' x 40' & 40' x 34' bays, 200 car parking spots (expandable to 350) and 75 trailer stalls. Sprinkler system in place. Professionally managed building. Right next door to Midway International Airport & just minutes to I-55. Bus stop directly in front of building & within walking distance to CTA Orange Line stop. Surrounded by retail amenities and only 10 miles to the Loop. Located in Chicago's 23rd Ward - Alderman Silvana Tabares. Zoned M2-1

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).

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