5301-5323 S Western Ave

For Lease

5301-5323 S Western Ave, Chicago, IL 60609

5301-5323 S Western Ave currently offers 2 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include industrial. The minimum space size listed is 49,843 square feet. Lease type options include Modified Gross. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 5301-5323 S Western Ave.

Space Available For Lease 2

Contacts

broker

Frank H. Melchert V

Cawley Chicago

(312) 766-4281

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 308,000 SF
  • Units 2
  • Lot Size 8.32 Acre
  • Year Built 1933
  • Date Updated Apr 11, 2024
  • HVAC None
Located in the heart of Chicago, our property offers easy access to a multitude of industrial and distribution opportunities. The area is surrounded by an extensive network of transportation and logistics options, making it an ideal choice for investors and tenants looking to streamline their operations. Nearby points of interest include the Chicago International Port, providing access to Great Lakes and global shipping routes, as well as the Union Stock Yard Gate, a historic landmark showcasing the area's rich industrial heritage. With its strategic location and proximity to key industrial infrastructure, the property presents an unmatched opportunity for those seeking a prime location in the Chicago industrial landscape.Perfectly positioned in Chicago, this impressive industrial property spans 308,000 square feet across two units, providing ample space for a wide range of industrial, warehouse, and distribution endeavors. Built in 1933, the property boasts a rich history and enduring structural integrity. Zoned M-2, it offers flexibility and potential for various industrial uses. Situated on 8.32 acres of land, the property includes over 100 parking spaces, ensuring convenience for employees and visitors. With Alderman Raymond A. Lopez overseeing the area, the property benefits from strong local leadership. Additionally, the attractive real estate taxes and in-place gross income of $853,000 per year further enhance the appeal of this exceptional investment opportunity, available for sale at $13,090,000.2 Units Available For Lease at 5301-5323 S. Western Ave. in Chicago.

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Highlights

  • Total Building Area: 308,000 Sq. Ft.
  • Total Land Area: 8.32 Acres
  • Zoning: M-2
  • Alderman: Raymond A. Lopez, 15th Ward
  • Ceiling Height: 20'-32' Clear
  • Lease Rate: $4.75 Net

Attachments

Getting around

  • 52/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 55/100

    Bike Score ®

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Location

  • City Chicago, IL
  • Neighborhood Gage Park
  • Zip Code 60609
  • Market Chicago

Points of Interest

  • Western

    0.54 miles

  • Kedzie

    1.28 miles

  • Ashland/63rd

    1.55 miles

  • 35th/Archer

    2.23 miles

  • Pulaski

    2.24 miles

  • Halsted

    2.28 miles

  • Garfield

    2.59 miles

  • 47th

    2.75 miles

  • 63rd

    2.83 miles

  • Midway

    3.02 miles

  • GoLo

    0.16 miles

  • Marathon

    0.18 miles

  • Clark

    0.34 miles

  • Citgo

    0.41 miles

  • BP

    0.41 miles

  • Clark

    0.44 miles

  • Citgo

    0.61 miles

  • Marathon

    0.70 miles

  • Amstar

    0.77 miles

  • BP

    0.79 miles

  • Buddy Bear Car Wash

    1.49 miles

  • Hertz

    2.89 miles

  • Hertz

    3.58 miles

  • Dollar

    3.59 miles

  • Thrifty

    3.59 miles

  • Avis

    3.60 miles

  • Budget

    3.61 miles

  • National

    3.62 miles

  • Alamo

    3.62 miles

  • Enterprise

    3.63 miles

  • Subway

    0.67 miles

  • Carnitas Uruapan Restaurant

    0.73 miles

  • KFC

    0.74 miles

  • Birrieria y Taqueria El Arandas

    0.82 miles

  • Pizza Hut

    0.84 miles

  • Checkers

    0.85 miles

  • Burger King

    0.85 miles

  • Taco Bell

    0.89 miles

  • Dunkin'

    0.91 miles

  • Subway

    0.91 miles

5301-5323 S Western Ave Listing Brief

  • The rental rate for available space here starts at $2.75. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 1933, the property at 5301-5323 S Western Ave incorporates 308,000 square feet.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

    Multi-tenant space is ideal for businesses that need smaller spaces or that want to share the property with other businesses. The property has a variety of smaller units available, ranging in size from 49,843 to 96,070 square feet.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Frank H. Melchert V

Cawley Chicago

(312) 766-4281

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