5214 Shapland Avenue — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Chicago, IL 60656
  • Size: 4,867 SF

Description

10,951 SF Building with 4,867 SF Industrial Space for Lease.

Market Context

This industrial in Chicago, IL is listed for lease across 4,867 SF. It has been on the market for 53 days. Compare it against other industrial listings for lease in Chicago, IL — view the full market.

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

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Estimated Market Rate

$2.41/SF/mo – $3.26/SF/mo

Mid: $2.84/SF/mo

Estimated total for 4,867 SF: $13,822 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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