Industrial

Industrial in Chicago, IL

1400 west wabansia avenue, chicago, IL 60642

Price

Price on request

Description

±31,042 SF (divisible) Available for Lease - Flexible Unit Sizes ±31,042 SF industrial building on ±0.90 acres available for lease in Chicago. Clean facility with natural light and air-conditioning in majority of the warehouse. The building features 4,291 SF of office (2nd floor),14'0" - 22'8" clear ceiling, 1 interior dock, 2 drive in doors, 1200-amp power service, and parking for 10+ cars. Divisible to 11,744 or 15,007 SF.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1400 west wabansia avenue, chicago, IL 60642

Leaflet © OpenStreetMap contributors

Market Context

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

Projected current pricing

low confidence

Projected asking rent

$6.76–$6.80/SF/yr

Estimated sale value

$57–$70/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Newmark data (cap rate 8.1%, asking rent trend-adjusted to today).

View the full Chicago Industrial market report →

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other industrial listings for sale in Chicago, IL to benchmark pricing and space — view the full market.